1、 Price trend
Taking the sulfuric acid method gold red stone titanium dioxide with a large volume of goods in the domestic market as an example, the price of titanium dioxide in the domestic market has been lowered this week. The average price of titanium dioxide on Monday was 15460 yuan/ton, and the average price of titanium dioxide on the weekend was 14780 yuan/ton, with a price reduction of 4.4%.
2、 Market analysis
This week, the domestic titanium dioxide market prices have been lowered. In terms of upstream raw materials, both sulfuric acid and titanium concentrate market prices have been lowered, while downstream markets are in a low season with sluggish market demand and low purchasing enthusiasm, resulting in a downward shift in the focus of the titanium dioxide market. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14300-16000 yuan/ton; The price of the Ruiti type is around 12800-13200 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
Analysts believe that the focus of the domestic titanium dioxide market will shift downwards this week. At present, there is still no significant improvement in demand in the terminal market, and the market is sluggish. It is expected that the titanium dioxide market will be weak in the short term, and the actual transaction price will be negotiable.
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