Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large turnover in the domestic market as an example, according to the monitoring of the commodity market analysis system of SunSirs, the market price of titanium dioxide was basically stable this week. The average price of domestic titanium dioxide was 17,116.67 RMB/ton.

Analysis review

In early April, the domestic titanium dioxide market was consolidated at a high level. Overall, foreign trade orders were in good condition, while domestic market transactions were average. In the titanium dioxide market, the operators were more wait-and-see and the quotations were firm. As of April 10, most domestic rutile titanium dioxide quotations were between 16,000-18,500 RMB/ton; The quotation of anatase titanium dioxide was about 14,500-15,000 RMB/ton.

In terms of titanium concentrate, the price of titanium concentrate in the Panxi region slightly increased in early April. As of April 10th, the spot supply in the titanium concentrate market was tight, and most companies delivered preliminary orders. Mainly watch-and-see on the market, and prices was stable and upward on the market. As of April 10th, the tax-free quotation for grade 38-42 titanium ore was around 1,550-1,600 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,270-2,300 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,350-2,400 RMB/ton. In the short term, the price of titanium concentrate tends to be stronger, and the actual transaction price is subject to negotiation.

In terms of sulfuric acid, the price of domestic sulfuric acid market rose. The price of sulfuric acid had increased from 240 RMB/ton on April 1st to 256.67 RMB/ton on April 10th, with a price increase of 6.95%. The upstream sulfur market had recently experienced a slight decline, with average cost support. The downstream markets of hydrofluoric acid and titanium dioxide were consolidated at a high level, while the market of ammonium sulfate fell slightly, and downstream customers had average enthusiasm for purchasing sulfuric acid.

Market outlook

Titanium dioxide analysts from SunSirs believe that the price of sulfuric acid market rose, and the price of titanium concentrate in Panxi rose. The cost pressure of titanium dioxide was high. It is expected that titanium dioxide will continue to operate at a high level in the short term, and the actual transaction price will be discussed separately.

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