1、 Price trend

Taking the sulfuric acid method for producing pyrite type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the domestic titanium dioxide market remained stable in January, with an average price of 14900 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market remained stable and organized in January. The domestic terminal market has a sluggish trading situation. The downstream market demand is generally average. The price of raw material titanium concentrate has risen, and the price of sulfuric acid is high. The production cost pressure of titanium dioxide enterprises is still relatively high, and the market quotation is relatively firm. As the Spring Festival holiday approaches, some companies are conducting routine maintenance, and the supply of certain models is tight. Manufacturers mainly ship orders on hand, while downstream companies and distributors purchase according to demand, resulting in a strong wait-and-see attitude in the market. On the 21st, Longqi led a letter to raise the price of titanium dioxide, and the specific market performance needs further observation. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14000-15700 yuan/ton; The quotation for rutile titanium dioxide is around 13000-13200 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the price of raw material titanium concentrate increased in December. The supply of raw ore in the Panxi region has significantly decreased, and the cost pressure on beneficiation plants is high. Processing plants have been shut down one after another, and the overall inventory in the field is not high, resulting in tight supply and a strong upward trend in titanium ore prices. However, downstream costs are under significant pressure, and actual orders are often cautiously observed, with a focus on essential procurement. As of now, the price of 38-42 grade titanium ore without tax is around 1420-1450 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 1980-2080 yuan/ton, and the price of 47 grade 20 titanium concentrate without tax is around 2000-2200 yuan/ton. It is expected that in the short term, the mainstream titanium ore prices in the Panxi region will be mainly strong.

3、 Future forecast

The titanium dioxide analyst from Shengyi Society believes that this month, titanium dioxide companies have gradually implemented their annual inspection plans, resulting in a decrease in titanium dioxide supply and low inventory in the market. Longqi led a letter to raise the price of titanium dioxide, boosting confidence in the titanium dioxide market. It is expected that the trend of titanium dioxide will be strong in the short term, depending on downstream market demand. The actual transaction price is negotiable.