1、 Price trend

Taking sulfuric acid rutile type titanium dioxide, which has a large volume of sales in the domestic market, as an example, according to data monitoring by Business News, the average price of domestic titanium dioxide was 16000 yuan/ton last Friday, and 16116.67 yuan/ton this Friday. The price increase this week was 0.73%.

2、 Market analysis

This week, the domestic titanium dioxide market remained stable and upward. Overall, the situation of foreign trade orders is good, the domestic terminal market is recovering, downstream demand for titanium dioxide is improving, and market trading sentiment is active. The market inventory is low, and manufacturers have a large number of orders in hand. They mainly place early orders, resulting in tight stock and an upward market focus. Up to now, most domestic quotations for rutile titanium dioxide are between 15500-17200 yuan/ton; The quotation for anatase titanium dioxide is around 13500-13800 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region has increased this week. At present, the spot market for titanium concentrate is slightly tight, and the market quotation is firm and upward. Downstream titanium dioxide enterprises have seen an improvement in market conditions, but under cost pressure, they still prioritize on demand and are cautious in purchasing. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1580-1600 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2200-2250 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2300-2460 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 prices have significantly increased this week. According to data monitoring from Business Society, the average price of sulfuric acid was 178 yuan/ton last Friday, and 252 yuan/ton this Friday. The price increase this week was 41.57%. The upstream sulfur market has continued to rise recently, with increased cost support. The downstream ammonium sulfate market has slightly increased, and downstream customers have a good enthusiasm for purchasing sulfuric acid. Duo Zhong Li is good, and the product trend is upward. It is expected that the domestic sulfuric acid market price may fluctuate slightly in the near future.

3、 Future Market Forecast

Business Society titanium dioxide analysts believe that the sulfuric acid market price has significantly increased, and the price of titanium concentrate in the Panxi region has increased, providing strong support for the cost of titanium dioxide. The downstream market needs to improve, and the demand for titanium dioxide in the market is still good. Recently, the domestic titanium dioxide market has shown good trading performance. It is expected that titanium dioxide will continue to show a stable and positive trend in the short term, and the actual transaction price will remain unchanged.