Price trend
This week, the domestic titanium tetrachloride market remained stable and upward. According to the monitoring system of SunSirs, as of April 10th, the benchmark price of titanium tetrachloride in SunSirs was 10,825.00 RMB/ton, an increase of 1.41% compared to the beginning of this month (10,675.00 RMB/ton).
Analysis review
The high and firm prices of terminal raw material titanium ore in the market had led to significant production cost pressure for high titanium slag enterprises, with some enterprises increasing by 500/ton. Downstream markets purchased on demand, with relatively low order circulation. Overall, the titanium tetrachloride market was still mainly operating steadily.
Market outlook
SunSirs' titanium tetrachloride analyst believes that the cost side of titanium tetrachloride was under high pressure, and downstream rigid demand procurement was the main focus. It is predicted that the titanium tetrachloride market will not change much next week and will continue to maintain stable operation.
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