1、 Price trend
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Taking the sulfuric acid rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to the monitoring data of the business community, the market price of titanium dioxide is basically stable this week. The average price of domestic titanium dioxide is 16950 yuan/ton.
2、 Market analysis
The domestic titanium dioxide market is basically stable this week. Overall, the performance of the international market is decent, while the trading situation in the domestic market is relatively light. The actual transactions in the market are cautious, and downstream customers are more wait-and-see and purchase according to demand. At present, the cost pressure on enterprises is high, and the quotation remains firm. Up to now, most domestic rutile titanium dioxide quotations are between 16000-17500 yuan/ton; The quotation of anatase titanium dioxide is about 14500-15000 yuan/ton.
In terms of titanium concentrate, the price of titanium concentrate in Panxi region remained stable this week. At present, the spot supply of titanium concentrate in the market is still somewhat tight. Recently, due to environmental inspections in the Chengde area, mining enterprises have basically stopped production. Downstream titanium dioxide enterprises are under cost pressure, with an increase in procurement inquiries and a focus on wait-and-see. Actual transactions are relatively cautious. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1550-1600 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2250-2280 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2350-2400 yuan/ton. In the short term, the market price of titanium concentrate is stable for the time being, and the actual transaction price is discussed separately.
In terms of sulfuric acid, the price of domestic sulfuric acid market fell this week. The price of sulfuric acid has been lowered from 218.33 yuan/ton on Monday to 215 yuan/ton on Friday, with a price reduction of 1.53%. The upstream sulfur market has recently experienced a slight decline, with average cost support. The downstream markets of hydrofluoric acid and titanium dioxide were consolidated at a high level, while the market of ammonium sulfate fell slightly, and downstream customers were generally enthusiastic about purchasing sulfuric acid.
3、 Future Market Forecast
Titanium dioxide analysts from the Business Club believe that the price of sulfuric acid market will be lowered, and the price of titanium concentrate in Panxi will remain stable. The cost support of titanium dioxide is weak, and the domestic titanium dioxide market is light. It is expected that titanium dioxide will continue to operate stably in the short term, and the actual transaction price will be discussed separately.
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