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 has remained stable this week. The average market price of titanium dioxide this week is 13,660 RMB/ton.
Analysis review
The domestic price of titanium dioxide has remained stable this week. This week, the domestic titanium dioxide market has temporarily stabilized and consolidated. Upstream sulfuric acid is rising, and the low prices of Panzhihua ore are weakly stable. Overall, enterprise costs are still under pressure. Downstream demand remains sluggish, the end market falls short of expectations, and purchasing is cautious, resulting in limited new orders. As of now, the domestic quotation for sulfuric acid based rutile type titanium dioxide is mostly between 12,900-14,100 RMB/ton; The quotation for anatase titanium dioxide is around 11,900-12,300 RMB/ton, and the actual transaction price is negotiable.
Future outlook:
The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market has been stagnant and consolidating this week. Downstream market demand is poor, market transactions are sluggish, and the market is mainly deadlocked and wait-and-see. It is expected that the titanium dioxide market will remain weak and stable in the short term, with actual transaction prices subject to negotiation.
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