1、 Price trend

Taking the rutile titanium dioxide produced by sulfuric acid process with a large volume of goods in the domestic market as an example, according to the data monitoring of the business community, the average price of domestic titanium dioxide was 16133.33 yuan/ton on July 1, 16000 yuan/ton on July 27, and the monthly price decline was 0.83%.

2、 Market analysis

In July, the titanium dioxide market first fell and then rose, and overall, the price slightly decreased. In the first two weeks of July, the domestic titanium dioxide market was relatively light, with average market trading and limited actual transactions. Inventory was under pressure, and the price of titanium dioxide in the market declined severely. In the third week, the price of titanium dioxide remained stable, with some manufacturers reducing production. In the fourth week, with the improvement of the real estate market in the terminal market, downstream distributors were more active in stocking, and with low inventory, Longqi sent letters, while other manufacturers followed suit and sent letters to increase prices. The market price of titanium dioxide has increased. Up to now, most domestic Rutile titanium dioxide quotations are between 15500-17200 yuan/ton; The quotation for anatase titanium dioxide is around 13500 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate has increased this month. Letters of price increase in the titanium dioxide market have been sent out, and the supply of raw materials in the market is tight, leading to an upward trend in the quotes of small and medium-sized miners. At present, the titanium concentrate market is influenced by upstream titanium powder enterprises, and market prices are firm. As of now, the tax-free quotation for 38-42 grade titanium ore is around 1480-1550 yuan/ton, the tax-free quotation for 46 grade 10 titanium concentrate is around 2150 yuan/ton, and the quotation for 47 grade 20 titanium concentrate is around 2300-2350 yuan/ton. In the short term, the market price of titanium concentrate is strong and the actual transaction price is negotiable.

In terms of sulfuric acid, the domestic sulfuric acid market price fell this month. At the beginning of the month, the average price of sulfuric acid was 192 yuan/ton, and at the end of the month, the average price was 152 yuan/ton. The price reduction during the month was 20.83%. Although the upstream sulfur market has slightly increased, cost support is good. However, downstream customers’ enthusiasm for purchasing sulfuric acid has weakened, and the product trend has declined due to supply-demand conflicts. Business Society sulfuric acid analysts believe that in the short term, the domestic sulfuric acid market is mainly affected by various factors such as supply and demand and raw materials, and the sulfuric acid market price may fluctuate and decline slightly.

3、 Future Market Forecast

Business Society titanium dioxide analysts believe that this month, Longqi sent a letter to increase the price of titanium dioxide, and the end market situation has improved. Driving an increase in new orders for titanium dioxide and an upward trend in market prices. The price of raw titanium concentrate has increased, while the price of sulfuric acid has decreased, and cost support is still acceptable. It is expected that the titanium dioxide market may continue to rise in the short term, and the actual transaction price will be negotiated separately.