Price trend

Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume of goods in the domestic market, as an example. According to the data monitoring of SunSirs, the average price of domestic titanium dioxide was 15,933.33 RMB/ton on January 31, and 16,183.33 RMB/ton on February 9, with a slight increase of 1.57% within 10 days.

Analysis review

Since February, the domestic titanium dioxide market price had increased. In February, leading enterprises took the lead in raising the price of titanium dioxide by 1,000 RMB/ton, and the international price rose by 150 US dollars/ton. Subsequently, major titanium dioxide manufacturers began to send letters to adjust prices. Affected by this, the market of titanium dioxide improved after the year, and the number of new orders increased. As of February 9, most domestic rutile titanium dioxide quotations were between 15,000-18,000 RMB/ton; the quotation of anatase titanium dioxide was about 14,000-14,500 RMB/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region was high and sorted out. As of February 9, the spot supply in the market was tight, and the price increase letters of titanium dioxide on the market were frequent to see, and the quotations of small and medium-sized miners were firm. As of February 9, the tax-free quotation of 38-42 grade titanium concentrate was about 1,420-1,450 RMB/ton, the tax-free quotation of 46 grade 10 titanium concentrate was about 2,100-2,200 RMB/ton, and the quotation of 47 grade 20 titanium concentrate was about 2,300-2,400 RMB/ton. In the short term, the transaction of the titanium concentrate market is fair, and the overall market is relatively strong, and the actual transaction price is separately negotiated.

In terms of sulfuric acid, the domestic sulfuric acid market price was relatively stable. The average price of sulfuric acid was 231.67 RMB/ton. The upstream sulfur market had fallen slightly recently, and the cost support was insufficient. The downstream hydrofluoric acid market fell slightly, the titanium dioxide market rose slightly, and the downstream customers' enthusiasm for sulfuric acid procurement was general.

Market outlook

According to the titanium dioxide analyst of SunSirs, the leading enterprises raised the price of titanium dioxide with a letter to boost market confidence. The number of new orders in the market increased. It is expected that titanium dioxide will run steadily and well in the short term, and the actual transaction price will be negotiated.

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