Price trend
Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, data from SunSirs shows that the domestic titanium dioxide market remained stable last week, with an average price of 13,820 RMB/ton.
Analysis review
The domestic titanium dioxide market remained stable last week. As of September 12, demand for titanium dioxide was generally weak, with no significant improvement in the terminal market. Trading activity on the market was relatively quiet, and downstream buyers were not very enthusiastic about purchasing. However, despite cost pressures, companies were offering firm prices, while upstream and downstream markets were relatively stagnant. The market was generally cautious and cautious in transactions. As of September 12,the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 13,200 and 14,200 RMB/ton; the quotation for anatase titanium dioxide was around 11,700 and 12,500 RMB/ton. Actual transaction prices were subject to negotiation.
Market outlook
SunSirs' titanium dioxide analysts believe the domestic titanium dioxide market stabilized last week. Titanium dioxide manufacturers were facing cost pressures, leading to firm quotes. The market was generally adopting a wait-and-see approach. It is expected that the titanium dioxide market will remain stable in the short term, and the actual transaction price will be negotiated on a case-by-case basis.
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