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 average price of titanium dioxide in the domestic market was 15783.33 yuan last Friday, and 15816.67 yuan/ton this Friday, with a price increase of 0.21%.

2、 Market analysis

This week, the domestic titanium dioxide market has remained stable with small fluctuations. The price of titanium concentrate on raw materials has slightly increased, while the price of sulfuric acid has remained stable. The production cost pressure of titanium dioxide is still significant due to the influence of raw materials. This week, Longqi has a large number of orders on hand, with a slight increase in new order quotes. Most manufacturers’ quotes are mainly stable. Traders’ quotations are relatively flexible, with prices fluctuating on the market, and overall the volatility is relatively small. 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 14200-15000 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region has slightly increased. 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 1620-1650 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2280-2300 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 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 has remained stable with small fluctuations this week, and trading on the market is relatively flexible. 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. Downstream market demand is not good, so we should wait and see, and be cautious in transactions. In the short term, the market is mainly stable, and the actual transaction price is negotiable.