Taking the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example, according to data from SunSirs’ bullk list, the price of titanium dioxide has risen this week. Last weekend, the average price of domestic titanium dioxide was 15,333.33 RMB/ton, and the average price on this weekend was 15,833.33 RMB/ton. The price increased within the week by 3.26%.
The price of titanium dioxide increased this week. At present, the export market of titanium dioxide maintains good growth, which is boosted by the market of raw material titanium concentrate. The domestic spot is severely tight, causing the price market to keep pushing up. As of the 13th, the domestic ex-factory price of rutile titanium dioxide including tax was 14,800-16,500 RMB/ton, and the ex-factory price of anatase titanium dioxide including tax was 12,200-14,000 RMB/ton.
In October 2020, China's titanium dioxide output was 322,900 tons, an increase of approximately 20,700 tons from September, an increase of 6.85% from the previous month and an increase of 17.57% from the previous year. The total output of titanium dioxide from January to October was about 2,839,200 tons, an increase of 9.57% year-on-year and an increase of 248,000 tons.
In terms of raw materials, the quotation of Panzhihua titanium ore has been raised this week, and the price of titanium ore has risen strongly. As of the 13th, the price of 38 titanium ore excluding tax was 1,320-1,350 RMB/ton, the price of 46,10 titanium ore excluding tax of small and medium miners was 1,920-2,050 RMB/ton, and the price of 20 ore was 1,890 RMB/ton. The price of Panzhihua Mine was high this week, the downstream wait-and-see mood was strong, and the spot was still tight, new orders continued to rise slightly. All these formed a strong support for the downstream titanium dioxide market.
The Titanium Dioxide Analyst of SunSirs’ believes that the export orders of enterprises are performing well. Major manufacturers and distributors have already held domestic and foreign trade orders in December, and sales pressure is not great. The domestic spot is tight, and the price of raw titanium ore is high. It is expected that the titanium dioxide market will be mainly operating at a high level in the short term.
If you have any questions, please feel free to contact SunSirs with email@example.com.