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 Shengyi Society, the average price of titanium dioxide in the domestic market this week is 15750 yuan/ton, and the market is temporarily stable.

2、 Market analysis

The domestic titanium dioxide market is temporarily stable this week. The price of titanium concentrate on raw materials remains weak and stable, while the price of sulfuric acid has declined. At present, domestic titanium dioxide manufacturers’ quotations are mainly stable, while traders’ quotations are relatively flexible. The market has a strong wait-and-see attitude, and actual orders are cautious, with average trading conditions. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15400-16300 yuan/ton; The quotation for rutile titanium dioxide is around 14200-14500 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the titanium concentrate market in the Panxi region is operating weakly and steadily. At present, the spot market is mainly operating in a stalemate. Downstream titanium dioxide enterprises have a weak market and weak market conditions, with few inquiries for titanium ore, maintaining demand. As of now, the price of 38-42 grade titanium ore without tax is around 1570-1620 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2270-2300 yuan/ton, and the price of 47 grade 20 titanium concentrate without tax is around 2400-2500 yuan/ton. In the short term, the price of Panxi titanium concentrate continues to remain stagnant, 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 is currently stable this week, with average trading on the market. The downstream market demand is average, so it’s better to wait and see. It is expected that the market will operate weakly and steadily in the short term, and the actual transaction price will be negotiated one by one.