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 price of titanium dioxide in the domestic market has remained stable this week. The average price of titanium dioxide is 15080 yuan/ton.
2、 Market analysis
The domestic titanium dioxide market price has remained stable this week. Internationally, due to the impact of India’s anti-dumping measures, market exports are relatively weak. The domestic market is weak, downstream market demand is poor, and new order transactions are limited. The upstream titanium concentrate market is operating weakly, with a slight increase in sulfuric acid prices and average cost support. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14000-15600 yuan/ton; Sharp titanium type costs around 12700-13000 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate has been weak this week. At present, downstream demand for titanium dioxide is weak, with light new orders and cautious procurement of raw materials. The main focus is on observing and observing, with mining companies facing significant shipping pressure and overall market prices remaining weak and stable. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 1870-2100 yuan/ton; The price of 47,20 ore ranges from 2150-2250 yuan/ton; The price of 38 titanium ore excluding tax is around 1150-1120 yuan/ton. It is expected that the mainstream titanium mines in the Panxi region will operate weakly and steadily in the short term.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market price is temporarily stable this week. The market has entered the off-season, and there is significant pressure on companies to ship. The slight increase in raw material prices has put pressure on enterprise costs. Overall, the titanium dioxide market is in a stalemate, and actual orders are cautious. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.
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