1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide, which has a large sales volume in the domestic market, as an example, according to data monitoring by Business News, the domestic titanium dioxide market price has increased this week. Last week, the average price of titanium dioxide in the four countries was 16866.67 yuan/ton, while this Thursday’s average price was 17183.33 yuan/ton. This week’s price increase was 1.88%.

2、 Market analysis

The domestic titanium dioxide market price has increased this week. On September 18th, Longqi took the lead in promoting price increases, and other manufacturers followed suit one after another. According to incomplete statistics, currently 18 mainstream titanium dioxide manufacturers have issued price increase notices. Overall, the increase in domestic titanium dioxide prices this time is mostly between 700 to 1000 yuan/ton, while the increase in foreign trade sales prices is mostly between 100 to 150 dollars/ton.

At present, the international foreign trade order situation is good, and the domestic terminal market situation is still good. At present, some domestic manufacturers are waiting and sealing orders, while some manufacturers are implementing new order quotations. The inventory of titanium dioxide on the market is low, and manufacturers have a large number of orders in hand. The focus of the new order transaction price has shifted upwards. As of now, most domestic quotations for rutile titanium dioxide are between 16700-18600 yuan/ton; The quotation for anatase titanium dioxide is around 15500 yuan/ton; The quotation for titanium backup by chloride method is 19600 yuan/ton. The actual transaction price is negotiated separately.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region has temporarily stabilized this week. At present, the operating situation of the titanium ore market is average, and there is not much inventory on site. The spot market for titanium concentrate is slightly tight, and the market quotation is firm and operating. Downstream titanium dioxide enterprises have active trading activities, but under cost pressure, they still prioritize on demand and purchase with caution. 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 2220-2260 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 mainly stable and the actual transaction price is negotiable.

In terms of sulfuric acid, the domestic sulfuric acid market price has temporarily stabilized this week. According to data monitoring from Business Society, the average price of sulfuric acid this week was 310 yuan/ton. The upstream sulfur market has recently experienced a slight decline, with insufficient cost support. The downstream market for hydrofluoric acid and titanium dioxide has stabilized at a high level, and downstream customers have average enthusiasm for purchasing sulfuric acid.

3、 Future Market Forecast

Business Society titanium dioxide analysts believe that this week’s high consolidation of sulfuric acid market prices, the temporary stability of titanium concentrate prices in the Panxi region, and the cost support for titanium dioxide powder is still acceptable. The situation of foreign trade orders is good, with tight on-site inventory and an upward focus on market transactions. It is expected that in the short term, titanium dioxide powder will be stronger and will be sorted and operated, depending on downstream market demand. The actual transaction price is negotiated separately.