1、 Price trend
Taking the sulfuric acid method gold red stone titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the price of titanium dioxide in the domestic market has fallen this week. On Monday, the average price of titanium dioxide in the domestic market was 15550 yuan/ton, and on Friday it was 15316.67 yuan/ton, with a price reduction of 1.5%.
2、 Market analysis
The domestic titanium dioxide market prices have fallen this week. At present, the demand for titanium dioxide in the domestic market is weak, downstream demand is not good, and the market is sluggish. We should take a wait-and-see approach and be cautious about actual orders. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15000-16100 yuan/ton; The quotation for rutile titanium dioxide is around 14000 yuan/ton. The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate in the Panxi region has remained basically stable. At present, the spot market is tight, but the downstream purchasing atmosphere is average. As of now, the price of 38-42 grade titanium ore without tax is around 1550-1600 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2215-2180 yuan/ton, and the price of 47 grade 20 titanium concentrate is around 2300-2350 yuan/ton. In the short term, the stability of Panxi titanium concentrate prices is the main focus, and the specific transaction prices will be discussed on a case by case basis.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market has declined this week, with weak downstream demand and light trading on the market. Traders should be cautious and wait, while holders should follow the market accordingly. It is expected that the market will operate weakly and steadily in the short term, and the actual transaction price will be negotiated one by one.
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