1、 Price trend
Taking the sulfuric acid method gold red stone 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 price has remained stable this week, with an average price of 14220 yuan/ton.
2、 Market analysis
The domestic titanium dioxide market price has remained stable this week. At present, the price of titanium dioxide in the market is relatively chaotic, and coupled with entering the off-season, it is difficult to find favorable support from the demand side. Influenced by the mentality of buying up rather than buying down, downstream factories are more cautious in purchasing goods. The price of upstream titanium concentrate has slightly decreased, while the price of sulfuric acid is high. Due to inventory and cost pressures, on-site enterprises have experienced a further decline in production, and the overall market has a strong wait-and-see atmosphere. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 13500-14600 yuan/ton; Sharp titanium type costs around 12300-12800 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate has slightly decreased this week. At present, downstream demand for titanium dioxide is poor, with light new orders and cautious procurement of raw materials. The main focus is on observing and observing, with mining companies facing significant shipping pressure and overall market prices remaining weak and stable. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 1780-1900 yuan/ton; The price of 47,20 ore ranges from 1950 to 2150 yuan/ton; The price of 38 titanium ore excluding tax is around 1180-1250 yuan/ton. It is expected that the titanium ore market price will continue to operate weakly and steadily in the short term.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market price is temporarily stable this week. Downstream market demand is weak, market transactions are light, actual order negotiations are the main focus, and transactions are cautious. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.