Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by SunSirs, the average price of titanium dioxide in the domestic market this week was 15,750 RMB/ton, and the market was temporarily stable.

Analysis review

The domestic titanium dioxide market was temporarily stable this week. The price of titanium concentrate on raw materials remained weak and stable, while the price of sulfuric acid has declined. As of September 13th, domestic titanium dioxide manufacturers' quotations were mainly stable, while traders' quotations were relatively flexible. The market had a strong wait-and-see attitude, and actual orders were cautious, with average trading conditions. As of September 13th, the domestic quotation for sulfuric acid based rutile type titanium dioxide is mostly between 15,400-16,300 RMB/ton; The quotation for anatase titanium dioxide was around 14,200-14,500 RMB/ton. The actual transaction price was negotiable.

In terms of titanium concentrate, the titanium concentrate market in the Panxi region was operating weakly and steadily. As of September 13th, the market's spot market was mainly operating in a stalemate,. Downstream titanium dioxide enterprises had a weak market and weak market conditions, with few inquiries for titanium ore, maintaining demand. As of September 13th, the price of 38-42 grade titanium ore without tax was around 1,570-1,620 RMB/ton, the price of 46 grade 10 titanium concentrate without tax was around 2,270-2,300 RMB/ton, and the price of 47 grade 20 titanium concentrate without tax was around 2,400-2,500 RMB/ton. In the short term, the price of Panxi titanium concentrate continued to remain stagnant, and the specific transaction price will be discussed on a case by case basis.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market was temporarily stable this week, with average trading on the market. The downstream market demand was average, so it's better to wait and see. It is expected that the market will operate weakly and steadily in the short term, and the actual transaction price will be negotiated one by one.

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