Price trend

According to the data monitoring of SunSirs, the price of titanium dioxide was stable this week. The average price of domestic titanium dioxide was 20,733.33 RMB/ton.

Analysis review

The titanium dioxide market was basically stable this week. The titanium dioxide market was mainly for export, and manufacturers mainly fulfilled pre-orders. The market demand for titanium dioxide was general, traders were more cautious in purchasing goods, mainly waited and saw, and more downstream purchased products on demand.

In terms of titanium concentrate, the market of titanium concentrate in Panxi region was basically stable this week. The overall situation of the titanium ore market was acceptable, and the price was relatively firm. The downstream purchased on demand, and the market quotation remained stable. As of the 13th, the price of 38-grade titanium ore without tax was around 1,500-1,530 RMB/ton, the price of 46-grade titanium ore was around 2,220-2,260 RMB/ton without tax, and the price of 47-grade titanium ore was around 2,500-2,550 RMB/ton. It is expected that the price of titanium concentrate will be high and firm in the short term, and the actual transaction price will be mainly negotiated.

In terms of sulfuric acid, the price of domestic mainstream sulfuric acid manufacturers fell this week. According to the data monitoring of SunSirs, the average price of sulfuric acid on last Thursday was 646.67 RMB/ton, which fell to 643.33 RMB/ton on this Thursday, a decrease of 0.52%.This week, the sulfuric acid market fluctuated slightly and fell. The upstream sulfur market rose slightly recently, and the cost support was good. Some sulfuric acid manufacturers were under-operated and the load was reduced. The downstream formic acid and bromine market prices rebounded, and the enthusiasm for downstream purchases increased. The sulfuric acid analyst of SunSirs believes that in the short term, under the influence of supply, demand and raw materials, the domestic sulfuric acid market will run steadily.

Market outlook

The titanium dioxide analyst of SunSirs believes that: the current titanium dioxide market is mainly stable. In terms of raw materials, the price of titanium concentrate is relatively firm, the sulfuric acid market fluctuates slightly, and the cost support is acceptable. It is expected that in the short term, the titanium dioxide market will be temporarily stable.

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