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 has remained stable this week, with an average price of 15,300 RMB/ton.

Analysis review

The domestic titanium dioxide market was temporarily stable this week. The upstream raw material sulfuric acid price has risen, and the market price of titanium concentrate was high, putting cost pressure and significant production pressure on enterprises. At the beginning of the week, Ningbo Xinfu sent a letter to raise the domestic price of titanium dioxide, while over the weekend, Longbai Group, Guangxi Blue Star, and Guangdong Huiyun sent letters to raise the price. The market may usher in the third round of price increases this year. As of March 21st, t he domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 14,000-16,000 RMB/ton; the quotation for anatase titanium dioxide was around 13,200-13,400 RMB/ton; The actual transaction price was negotiable.

In terms of titanium concentrate, the price of titanium concentrate has been consolidating at a high level this week. As of March 21st, downstream titanium dioxide factories had stable production, and inquiries were relatively average. The market was mainly observing and waiting. As of March 21st, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers was between 2,080-2,150 RMB/ton, the price of 47,20 titanium ore was between 2,200-2,280 RMB/ton, and the price of 38 titanium ore excluding tax was between 1,480-1,500 RMB/ton; It is expected that the Panxi region will maintain a high level of operation in the short term.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market was temporarily stable this week, with high prices of raw material titanium concentrate consolidating and sulfuric acid prices continuing to rise, resulting in significant cost pressure. Over the weekend, leading enterprises sent letters to raise the price of titanium dioxide, and the market remained stable with a positive trend.

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