The domestic titanium dioxide market is trending downwards this week (11.4-11.8)

1、 Price trend

 

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Taking the sulfuric acid method gold red stone 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 has been declining this week. At the beginning of the week, the average price of titanium dioxide in the domestic market was 15316.67 yuan/ton, and the average price of titanium dioxide over the weekend was 15166.67 yuan/ton, with a price reduction of 0.98%.

 

2、 Market analysis

 

The domestic titanium dioxide market is trending downwards this week. Internationally, due to the impact of anti-dumping tariffs, some export orders have been temporarily suspended from shipment. The domestic market is currently in a low season, and the demand for titanium dioxide continues to be sluggish. Enterprises face significant shipping pressure, with some experiencing a decline in new order prices of 100-200 yuan/ton to promote inventory reduction. Due to inspections by environmental protection groups, some companies have started to reduce or shut down production. As of now, the domestic quotation for sulfuric acid method pyrite type titanium dioxide is mostly between 14500-15900 yuan/ton; The quotation for rutile titanium dioxide is around 13200-13500 yuan/ton. The actual transaction price is negotiable.

 

In terms of titanium concentrate, the price of titanium concentrate in the Panxi region is running weakly. At present, the market is weak, the downstream purchasing atmosphere is average, and the market for titanium dioxide enterprises is sluggish. As of now, the price of 38-42 grade titanium ore without tax is around 1480-1530 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2050-2120 yuan/ton, and the price of 47 grade 20 titanium concentrate without tax is around 2250-2350 yuan/ton. In the short term, downstream markets are mostly observing, and the price of Panxi titanium concentrate continues to be weak. 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 fallen this week, with light trading on the market, so it is advisable to be cautious and wait. Overall, downstream market demand is weak, and titanium dioxide companies face significant shipping pressure. 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.

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