Product Name: Titanium Dioxide
Latest price on January 16th: 14900 yuan/ton
Analysis points: On January 16th, the trading volume of titanium dioxide market was light. Recently, the titanium concentrate market has remained stable, with tight supply of goods, and the sulfuric acid market price has temporarily stabilized. At present, the cost pressure on titanium dioxide enterprises remains, and manufacturers’ quotations are mostly firm. The demand for upstream and downstream factories is mainly for urgent procurement, and the willingness to stock up before the holiday is average. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14000-15700 yuan/ton; The quotation for rutile titanium dioxide is around 13000-13200 yuan/ton. The actual transaction price is negotiable.
Prediction: In the short term, the titanium dioxide market will continue to operate in a temporarily stable consolidation mode.
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