1、 Price trend
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 price has remained stable this week, with an average price of 15420 yuan/ton.
2、 Market analysis
The domestic titanium dioxide market price has remained stable this week. The domestic market is sluggish, and titanium dioxide companies face significant shipping pressure and inventory pressure. Downstream market demand is poor, with rigid demand as the main factor, and there is a wait-and-see attitude in the market. Internationally, the impact of this week’s increase in tariffs between China and the United States has also increased pressure on export markets. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14800-16200 yuan/ton; Sharp titanium type costs around 13200-13400 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate has remained stable this week. At present, the downstream demand for titanium dioxide is poor, and the downstream market demand is average. The purchasing sentiment is weak, and the focus is mainly on wait-and-see. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 2060-2100 yuan/ton, the price of 47,20 titanium ore is between 2200-2280 yuan/ton, and the price of 38 titanium ore excluding tax is between 1400-1450 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
Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market is temporarily stable this week. Downstream enterprises have a strong wait-and-see attitude, and actual orders are still cautious. It is expected that the titanium dioxide market will continue to remain stagnant in the short term, and the actual transaction price will be negotiated one by one.
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