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SunSirs: Domestic Titanium Dioxide Market Prices Fell in May
June 01 2022 10:20:42SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the market price of titanium dioxide was reduced in May. The average price of domestic titanium dioxide at the beginning of the month was 21,033.33 yuan/ton, and the average price at the end of the month was 20,616.67 yuan/ton. The price during the month was slightly lowered by 1.98%.

Analysis review

The market price of titanium dioxide was lowered this month. The domestic market trading situation was general, and the market was relatively light. Traders were more cautious in buying goods, and waited and saw more. The downstream purchased mainly just on demand, and the price remained stable. The actual transaction price was negotiable. As of the 31st, the domestic rutile titanium dioxide ex-factory quotation including tax was 19,600-22,000 yuan/ton; the ex-factory quotation for anatase titanium dioxide including tax was 18,000-19,500 yuan/ton.

In terms of ilmenite concentrate, the price of ilmenite concentrate in Panxi continued to decrease this month. The titanium ore market was in general, with few inquiries and poor new orders. The downstream demand was general, and the rigid demand was the main, and it was more wait-and-see. As of May 31, 38-grade titanium ore was quoted at around 1,500-1,550 yuan/ton without tax, 46-grade titanium ore was at around 2,220-2,240 yuan/ton without tax, and 47-grade 20 ore was quoted at 2,400-2,450 yuan/ton or so. In the short term, the titanium concentrate market is mostly wait-and-see, with stable operation mainly, and the actual transaction price is negotiated one by one.

In terms of sulfuric acid, the domestic sulfuric acid market price fluctuated and fell this month. The price of sulfuric acid fell from 1,168.33 yuan/ton at the beginning of the month to 1,068.00 yuan/ton at the end of the month, a decrease of 8.59%, and a year-on-year increase of 105.38% The upstream sulfur price rose slightly, and the cost support was better. Although the downstream hydrofluoric acid market rose slightly, the downstream titanium dioxide market fell slightly, the downstream purchasing enthusiasm for sulfuric acid weakened, and the product trend declined due to the contradiction between supply and demand The sulfuric acid analyst of SunSirs believes that in the short term, under the influence of supply and demand and raw materials, the sulfuric acid market may fluctuate to fall slightly.

Market outlook

The titanium dioxide analyst of SunSirs believes that the market price of titanium ore has been lowered, the price of sulfuric acid has fluctuated and fallen, and the cost support is weak. Coupled with the general downstream demand. It is expected that in the short term, the market price of titanium dioxide will be mainly stable, and the actual transaction price will be negotiated one by one.

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