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 focus of the domestic titanium dioxide market shifted upwards in early February. On February 1st, the average price of titanium dioxide was 14,900 RMB/ton, and on February 10th, the average price of titanium dioxide was 15,080 RMB/ton, with a price increase of 1.21%.
Analysis review
In early February, the domestic titanium dioxide market shifted its focus upwards. Returning after the holiday, the titanium dioxide market continued its upward trend from before the year, and downstream markets have not fully recovered. Titanium dioxide companies have gradually raised prices, and the market's new prices remained firm. There was a wait-and-see sentiment in the market. As of February 10th, a total of 22 companies in the factory have sent letters to adjust prices. 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 on a case by case basis.
In terms of titanium concentrate, the price of raw materials rose in early February. The price of new orders in the titanium ore market was high, and the supply of low-priced goods was gradually decreasing. As of February 10th, downstream titanium dioxide factories had stable production, and enterprises mainly consumed inventory first. Inquiries were relatively average, and the market was mostly wait-and-see. A As of February 10th, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers was between 2,050-2,150 RMB/ton, the price of 47,20 titanium ore was between 2,100-2,200 RMB/ton, and the price of 38 titanium ore excluding tax was between 1,450-1,500 RMB/ton; It is expected that the overall supply of mainstream titanium ore in the Panxi region will remain tight in the short term, and the market is expected to have an upward trend.
Market outlook
SunSirs' titanium dioxide analyst believes that in early February, the titanium dioxide market continued its upward trend from before the year, and the confidence in the titanium dioxide market was good. The price increase for new orders has basically landed. The price of raw material titanium concentrate has increased, and the price of sulfuric acid has risen, providing strong cost support. It is expected that the titanium dioxide market may continue to rise in the short term, and the actual transaction price is negotiable.
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