SunSirs: This Week, the Titanium Tetrachloride Market Operated Steadily (May 20-24)

Price trend

This week, the titanium tetrachloride market operated steadily. According to the monitoring system of SunSirs, as of May 24th, the benchmark price of titanium tetrachloride in SunSirs was 10,675.00 RMB/ton, a decrease of 1.39% compared to the beginning of this month (10,825.00 RMB/ton).

Analysis review

Raw material side: The price of titanium concentrate was running at a high level, which put pressure on the cost of high titanium slag enterprises. In addition, with the increase in electricity prices in Liaoning region, most production enterprises were losing money, and the market price of high titanium slag was under pressure to rise.

The downstream titanium dioxide market prices were weak and weak, and the market trading situation was average.

Market outlook

SunSirs' titanium tetrachloride analyst believes that the high cost side of titanium tetrachloride was under pressure, and downstream titanium dioxide market prices ere weak and weak, resulting in a cold trading atmosphere in the market. Recently, the titanium tetrachloride market will be mainly operating steadily.

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