Price trend

According to the data monitoring of SunSirs, the market price of titanium dioxide stopped falling and stabilized this month. At the beginning of the month, the average price of domestic titanium dioxide was 16,016.67 RMB/ton, and at the end of the month, the average price was 15,933.33 RMB/ton. The price decreased slightly within the month, by 0.52%.

Analysis review

The titanium dioxide market price stopped falling and stabilized this month. More than 20 domestic enterprises, such as Longbai Group, CNNC, Jinpu, Dongjia, etc., sent letters to announce their price increases. This promotion had formed a good support for the current market of titanium dioxide, stabilized the market, enhanced the confidence of the trading market, and increased the order volume of the trading market. However, the titanium dioxide market was about to enter the off-season, and the demand market for coatings was tepid, especially in the northern market, the operating rate was lowered significantly. In the current price market, the prices offered by manufacturers are still flexible, and it means more to stop the decline. As of August 28, most domestic rutile titanium dioxide quotations were between 15,000-17,000 RMB/ton; The quotation of anatase titanium dioxide was about 14,000-14,500 RMB/ton. The actual transaction price needed be negotiated separately.

In terms of titanium concentrate, the price of titanium concentrate in Panzhihua Xichang region rose steadily this month. As of the 28th, the overall market trading was fair, and the actual transaction price was firm. Recently, the downstream titanium dioxide market improved, but orders were received at high prices. The cost pressure was still large, procurement was more cautious, and the overall market was relatively strong. As of the 28th, the quotation excluding tax of 38-42 grade titanium concentrate was about 1,400-1,420 RMB/ton, the quotation excluding tax of 46 grade 10 grade titanium concentrate was about 2,050-2,150 RMB/ton, and the quotation of 47 grade 20 grade titanium concentrate was about 2,300-2,400 RMB/ton. In the short term, the titanium concentrate market transaction is fair, the overall market is strong, and the actual transaction price is discussed separately.

In terms of sulfuric acid, the domestic market price of sulfuric acid fell this month. The price of sulfuric acid rose from 414 RMB/ton at the beginning of the month to 321.67 RMB/ton at the end of the month, with a decline of 22.3%. The upstream sulfur market rose slightly recently, with good cost support. The downstream hydrofluoric acid market rose slightly, the titanium dioxide market was consolidated at a low level, and the downstream customers were generally motivated to purchase sulfuric acid. Downstream customers had ordinary enthusiasm for purchasing sulfuric acid.

Market outlook

According to the titanium dioxide analyst of SunSirs, the price of titanium concentrate in Panzhihua Xichang region rose this month. More than 20 domestic titanium dioxide enterprises have sent letters to announce the rise, which has well stabilized the market and consolidated the situation of stopping the decline and rising. It is expected that the price of titanium dioxide will be stable in the short term, and the actual transaction price will be discussed separately.

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