1、 Price trend
Taking the sulfuric acid method for producing pyrite type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the focus of the domestic titanium dioxide market shifted upwards in early February. On February 1st, the average price of titanium dioxide was 14900 yuan/ton, and on February 10th, the average price of titanium dioxide was 15080 yuan/ton, with a price reduction of 1.21%.
2、 Market analysis
In early February, the domestic titanium dioxide market shifted its focus upwards. Returning after the holiday, the titanium dioxide market continues its upward trend from before the year, and downstream markets have not fully recovered. Titanium dioxide companies have gradually raised prices, and the market’s new prices remain firm. There is a wait-and-see sentiment in the market. As of now, a total of 22 companies in the factory have sent letters to adjust prices. Domestic sulfuric acid method for pyrite type titanium dioxide is often quoted between 14000-15700 yuan/ton; The quotation for rutile titanium dioxide is around 13000-13200 yuan/ton. The actual transaction price is negotiable on a case by case basis..
In terms of titanium concentrate, the price of raw materials rose in early February. The price of new orders in the titanium ore market is high, and the supply of low-priced goods is gradually decreasing. At present, downstream titanium dioxide factories have stable production, and enterprises mainly consume inventory first. Inquiries are relatively average, and the market is mostly wait-and-see. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 2050-2150 yuan/ton, the price of 47,20 titanium ore is between 2100-2200 yuan/ton, and the price of 38 titanium ore excluding tax is between 1450-1500 yuan/ton; It is expected that the overall supply of mainstream titanium ore in the Panxi region will remain tight in the short term, and the market is expected to have an upward trend.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that in early February, the titanium dioxide market continued its upward trend from before the year, and the confidence in the titanium dioxide market was good. The price increase for new orders has basically landed. The price of raw material titanium concentrate has increased, and the price of sulfuric acid has risen, providing strong cost support. It is expected that the titanium dioxide market may continue to rise in the short term, and the actual transaction price is negotiable.
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