This week, the domestic titanium dioxide market is stable and improving (8.18-8.22)

1、 Price trend

Thiourea

Taking the sulfuric acid method for producing pyrite type titanium dioxide, which has 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 market price of 13480 yuan/ton.
2、 Market analysis
This week, the domestic titanium dioxide market is stable and improving. This week, domestic titanium dioxide companies jointly issued a letter announcing a price increase, with most companies raising their domestic prices to 500 yuan/ton and foreign prices to 70 US dollars/ton. Although most companies have sent letters to raise prices, it will take some time for new orders to be confirmed, and the trading atmosphere on the exchange has improved compared to before. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-13800 yuan/ton; The price of the titanium type is around 11600-11900 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that this week, Longqi led a letter to raise the price of titanium dioxide, indicating an improvement in the market situation. Individual companies have seen an increase in new transactions, but overall the market remains relatively stagnant. It is expected that the titanium dioxide market will remain stable and improve in the short term, with actual transaction prices subject to negotiation.

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