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, according to data monitoring by Business Society, the domestic titanium dioxide market has remained stable this week, with an average price of 15783.33 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market remained stable this week. This week, the price of raw material titanium concentrate has risen, and the price of sulfuric acid has remained strong at a high level. The production cost pressure of titanium dioxide is still significant due to the influence of raw materials. This week, Longqi implemented preferential policies for distributors, resulting in an increase in pending orders for the company. Most manufacturers prioritize stable pricing, with some scarce brand sources experiencing slight price increases. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15300-16200 yuan/ton; The quotation for rutile titanium dioxide is around 14500-15000 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region has remained strong and upward. At present, the spot market is still tight, and the price of titanium ore is running at a high level. Downstream titanium dioxide enterprises are generally in the market, and they are more cautious about titanium concentrate, with a focus on urgent needs and cautious procurement. As of now, the price of 38-42 grade titanium ore without tax is around 1600-1630 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2250-2280 yuan/ton, and the price of 47 grade 20 titanium concentrate is around 2500-2630 yuan/ton. In the short term, the price of Panxi titanium concentrate continues to operate at a high level, and the specific transaction price will be discussed on a case by case basis.

3、 Future forecast

The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market remained stable this week, with some brands experiencing price increases. The overall market shipment situation is still acceptable. This week, the price of titanium concentrate has risen, the price of sulfuric acid remains high and firm, and the cost pressure of titanium dioxide is significant. In the short term, the market is mainly stable, and the actual transaction price is negotiable.