Price trend
The domestic titanium tetrachloride market operated weakly and steadily in May. According to the monitoring system of SunSirs, as of May 31st, the benchmark price of titanium tetrachloride in SunSirs was 10,675.00 RMB/ton, a decrease of 1.39% compared to the beginning of this month (10,825.00 RMB/ton).
Analysis review
Raw material side: In May, the market price of titanium concentrate in the Panxi region decreased. According to the monitoring system of SunSirs, as of May 31, the benchmark price of titanium concentrate in SunSirs was 2,253.33 RMB/ton, a decrease of 2.03% compared to the beginning of this month (2,300.00 RMB/ton).
The downstream titanium dioxide market prices were weak and weak, and the market trading situation was average.
Market outlook
SunSirs' titanium tetrachloride analyst believes that the high cost side of titanium tetrachloride was under pressure, and downstream titanium dioxide market prices were weak and weak. As of May 31st, the market trading situation was average. In the short term, market prices will be weak and stable.
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