SunSirs: The Trading Volume of Titanium Dioxide Market Was Light on December 18th
December 19 2024 09:24:38 SunSirs (John)
Product Name: Titanium Dioxide
Latest price on December 18th: 14,960 RMB/ton
Analysis review
On December 18th, the trading volume of titanium dioxide market was light. Recently, the titanium concentrate market has maintained consolidation, and the sulfuric acid market price has temporarily stabilized. As of December 18th, the cost pressure on titanium dioxide enterprises remained, and manufacturers' quotations were mostly firm. The demand for upstream and downstream factories was mainly driven by urgent procurement, and the willingness to stock up before the holiday was generally insufficient. The market was in a stalemate and was mostly wait-and-see. As of December 18th, the domestic quotation for sulfuric acid based pyrite type titanium dioxide was mostly between 14,000-15,700 RMB/ton; The quotation for rutile titanium dioxide was around 13,000-13,200 RMB/ton. The actual transaction price was negotiable.
Market outlook
In the short term, the titanium dioxide market is temporarily stabilizing and operating.
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