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 domestic titanium dioxide market price remained stable last week. The average market price of titanium dioxide last week was 13,660 RMB/ton.

Analysis review

The domestic price of titanium dioxide remained stable this week. Last week, the domestic titanium dioxide market was weakly stabilizing and consolidating. Upstream sulfuric acid was operating at a high level, with a slight rebound in low-priced ore prices. Enterprise costs were under pressure, inventory pressure was high, and downstream factories were cautious in purchasing goods, resulting in limited new transactions. As of July 11th, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 12,900-14,100 RMB/ton; The quotation for anatase titanium dioxide was around 11,900-12,300 RMB/ton, and the actual transaction price was negotiable.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market price was temporarily stable last week. Downstream market demand was weak, market transactions were light, and there was a strong atmosphere of stalemate and wait-and-see in the market. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.

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