1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the domestic titanium dioxide market price has increased this week. The average price of titanium dioxide last Friday was 16966.67 yuan/ton, and this Friday it was 17083.33 yuan/ton, with a price increase of 0.69%.

2、 Market analysis

This week, the domestic titanium dioxide market prices have increased. After a rise in February, there was new news about titanium dioxide this week, and multiple companies have once again sent letters raising the price of titanium dioxide. The domestic market price has increased by 500 yuan/ton, while the international market price has increased by 80-125 US dollars/ton. The overall confidence in the on-site market is good, with manufacturers having tight inventory and high market prices. As of now, domestic prices for rutile type titanium dioxide are mostly between 16500 and 18300 yuan/ton; The quotation for rutile titanium dioxide is around 15000 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region has been at a high level this week. At present, titanium ore spot prices are tight, and there is no pressure on enterprise inventory. The downstream procurement situation is still acceptable. As of now, the tax-free quotation for grade 38-42 titanium ore is around 1580-1620 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2300 yuan/ton, and the tax-free quotation for grade 47 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable. It is reported that the price of titanium ore in Panxi Dachang may increase by 150 yuan/ton in the second quarter. The specific implementation situation still needs to pay attention to changes in the message surface.

In terms of sulfuric acid, the domestic sulfuric acid market price continues to rise. According to data monitoring from Business Society, the average price of sulfuric acid was 261.25 yuan/ton last Friday, and 291.25 yuan/ton this Friday, with a price increase of 11.84%. The upstream sulfur market has recently seen a slight increase, with good cost support. The downstream titanium dioxide market is relatively strong, and downstream customers have a good enthusiasm for purchasing sulfuric acid.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that currently, the price of titanium concentrate in the Panxi region is running at a high level, with an increase in sulfuric acid prices and significant cost pressure on titanium dioxide. The new order quotation is firm and upward. It is expected that the titanium dioxide market will be relatively strong in the short term, and the actual transaction price will remain unchanged.