Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by SunSirs, the domestic titanium dioxide market price remained stable this week, with an average price of 14,960 RMB/ton.

Analysis review

The domestic titanium dioxide market remained stable this week. Internationally, there was significant pressure on enterprises to export. On the domestic front, the titanium dioxide market was sluggish, and downstream markets had a strong wait-and-see attitude, with cautious actual orders. The price of titanium ore on the raw materials was high, and the cost pressure of titanium dioxide was significant, resulting in strong market quotations. As of December 20th,  the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 14.000-15.700 RMB/ton; The quotation for anatase titanium dioxide was around 13,000-13,200 RMB/ton. The actual transaction price was negotiable.

In terms of titanium concentrate, the price of titanium concentrate in the Panxi region was weakly stable. Downstream cost pressure was high, on-site inquiries were average, and actual orders were mostly cautiously observed, with a focus on first-time purchases. The upstream and downstream markets were mainly wait-and-see, and it is expected that the titanium ore market will stabilize in the short term.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide prices remained stable this week, and downstream demand continued to be weak. Market procurement was cautious and cautious. It is expected that the market will maintain stable operation in the short term, and the actual transaction price will be negotiated one by one.

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