1、 Price trend
According to the monitoring of bulk commodity data, the market price of titanium dioxide is basically stable this week. The average price of domestic titanium dioxide is 15933.33 yuan/ton.
2、 Market analysis
The market price of titanium dioxide is basically stable this week. Stabilizing the market situation has enhanced the confidence of the trading and investment market. The turnover of new orders of titanium dioxide enterprises has improved, and some enterprises have started to improve. However, the market is about to enter the slack season, and downstream demand is still less than expected. The actual transaction price is discussed separately. Up to now, most domestic rutile titanium dioxide quotations are between 15000-17000 yuan/ton; The quotation of anatase titanium dioxide is about 14000-14500 yuan/ton.
In terms of titanium concentrate, the price of titanium concentrate in Panxi increased slightly. At present, the overall trading and investment of the market is average, while the downstream market is on the sidelines. There is a limited number of new orders in the market, and the overall market is strong. Up to now, the quotation excluding tax of 38-42 grade titanium middling ore is about 1400-1420 yuan/ton, the quotation excluding tax of 46 grade 10 titanium concentrate is about 2050-2150 yuan/ton, and the quotation of 47 grade 20 titanium concentrate is about 2300-2400 yuan/ton. In the short term, the transaction of titanium concentrate market is general, the overall market is relatively strong, and the actual transaction price is discussed separately.
In terms of sulfuric acid, the domestic sulfuric acid market price fell this week. The price of sulfuric acid decreased from 404 yuan/ton last Thursday to 346 yuan/ton this Thursday, a decrease of 14.36%. The sulfur market has declined slightly recently, and the cost support has weakened. The downstream hydrofluoric acid market rose slightly, the titanium dioxide market was consolidated at a low level, and the downstream customers were generally motivated to purchase sulfuric acid.
3、 Future market forecast
According to titanium dioxide analysts from the Business Club, the price of titanium concentrate in Panxi increased slightly this week. More than 20 domestic enterprises of titanium dioxide have sent letters to declare their growth, which has well stabilized the market. It is expected that the price of titanium dioxide will be stable in the short term, and the actual transaction price will be discussed separately.