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 declined last week. At the beginning of the week, the average price of domestic titanium dioxide was 13,860 RMB/ton, and at the end of the week, the average price was 13,500 RMB/ton, a decrease of 2.6%.

Analysis review

Last week, the domestic titanium dioxide market trended downwards. As of November 7, demand was weak, with limited new order inquiries and low downstream purchasing activity. Actual orders were cautious, resulting in overall sluggish demand. While raw material production costs remained high, effective support was scarce. High operating rates in the titanium dioxide market were putting pressure on order intake, with many adopting a wait-and-see approach. As of November 7, domestic sulfuric acid process rutile titanium dioxide was mostly quoted between 12,900-13,900 RMB/ton; anatase was around 12,000-12,500 RMB/ton, with actual transaction prices negotiated on a case-by-case basis.

Market Forecast:

According to analysts at SunSirs, the domestic titanium dioxide market trended downwards last week. Inventory pressure was high, market sentiment was cautious, and transactions were proceeding with restraint. It is expected that the titanium dioxide market will remain weak and stable in the short term, with actual transaction prices negotiated on a case-by-case basis.

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