1、 Price trend
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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. The average market price of titanium dioxide this week is 13660 yuan/ton.
2、 Market analysis
The domestic price of titanium dioxide has remained stable this week. This week, the domestic titanium dioxide market has been weakly stabilizing and consolidating. Upstream sulfuric acid is operating at a high level, with a slight rebound in low-priced ore prices. Enterprise costs are under pressure, inventory pressure is high, and downstream factories are cautious in purchasing goods, resulting in limited new transactions. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-14100 yuan/ton; The price of Ruiti type is around 11900-12300 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market price is temporarily stable this week. Downstream market demand is weak, market transactions are light, and there is a strong atmosphere of stalemate and wait-and-see in the market. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.
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