Price trend

According to the data monitoring of SunSirs, the market price of titanium dioxide was basically stable this month. The average price of domestic titanium dioxide was 15,933.33 RMB/ton.

Analysis review

The market price of titanium dioxide was basically stable this month. As of the 29th, the domestic titanium dioxide market was relatively light and the market was recovering in succession. Most manufacturers delivered early orders, and the new orders were limited, while the downstream market was more wait-and-see. The market as a whole was mainly maintaining stability. As of the 29th, most domestic rutile titanium dioxide quotations were between 15,000 and 17,000 RMB/ton; The quotation of anatase titanium dioxide was about 14,000-14,500 RMB/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region rose slightly. As of the 29th, the market as a whole was dominated by wait-and-see, and the miners began to work in succession, and the overall market tended to be stronger. As of the 29th, the tax-free quotation of 38-42 grade titanium concentrate was about 1,420-1,450 RMB/ton, the tax-free quotation of 46 grade 10 titanium concentrate was about 2,080-2,150 RMB/ton, and the quotation of 47 grade 20 titanium concentrate was about 2,300-2,400 RMB/ton. In the short term, the titanium concentrate market is more wait-and-see, the overall market is stronger, and the actual transaction price shall be negotiated separately.

In terms of sulfuric acid, the domestic sulfuric acid market price fell. The price of sulphuric acid decreased from 286.67 RMB/ton at the beginning of the month to 238.33 RMB/ton at the end of the month, with a decrease of 16.86%. The upstream sulfur market fell slightly recently, and the cost support was insufficient. The downstream hydrofluoric acid market fell slightly, the titanium dioxide market was consolidated at a low level, and the enthusiastic to purchase of sulfuric acid of downstream customers was general.

Market outlook

According to the titanium dioxide analyst of SunSirs, the market price of sulfuric acid was reduced this month, and the price of titanium concentrate in Panxi region rose slightly. The cost support of titanium dioxide was acceptable. As of the 29th, the domestic titanium dioxide market demand was weak, and the market was recovering in succession after the year. It is expected that the price of titanium dioxide will be stable in the short term, and the actual transaction price will be negotiated separately.

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