Price trend                               

Taking the sulfuric acid method rutile type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by SunSirs, the average price of titanium dioxide in the domestic market this week was 15,750 RMB/ton, and the market was temporarily stable.

Analysis review                      

The domestic titanium dioxide market was temporarily stable this week. The price of titanium concentrate on raw materials was weakly stable, while the price of sulfuric acid was temporarily stable. As of September 5th, domestic titanium dioxide manufacturers' quotations were mainly stable, while traders' quotations were relatively flexible. The market had a strong wait-and-see attitude, and the trading situation was relatively light. As of September 5th, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 15,400-16,300 RMB/ton; The quotation for anatase type titanium dioxide was around 14,200-14,500 RMB/ton. The actual transaction price was negotiable.

In terms of titanium concentrate, the titanium concentrate market in the Panxi region was operating weakly and steadily. As of September 5th, the spot prices in the market were relatively stagnant,. Downstream titanium dioxide enterprises had a general market situation, with a weak market and few inquiries for titanium ore. They maintained a strong demand and purchased cautiously. As of September 5th, the price of 38-42 grade titanium ore without tax was around 1,620-1,650 RMB/ton, the price of 46 grade 10 titanium concentrate without tax was around 2,270-2,300 RMB/ton, and the price of 47 grade 20 titanium concentrate without tax was around 2,400-2,500 RMB/ton. In the short term, the price of Panxi titanium concentrate continued to remain stagnant, and the specific transaction price will be discussed on a case by case basis.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market was basically stable this week, with average trading on the market. Downstream market demand was weak, with a focus on wait-and-see measures. It is expected that the market will remain stable in the short term, with actual transaction prices subject to negotiation.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.