1、 Price trend
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Taking the rutile titanium dioxide produced by sulfuric acid process with a large amount of goods in the domestic market as an example, according to the commodity data monitoring, the price of titanium dioxide was stable and small in August. At the beginning of the month, the average price of domestic titanium dioxide was 21233.33 yuan / ton, and at the end of the month, the average price was 21066.67 yuan / ton. The price decreased slightly within the month, with a range of 0.78.
2、 Market analysis
In August, the price of titanium dioxide in the domestic market was mainly stable. Chemours, a foreign manufacturer, announced that the price of titanium dioxide would be increased by $200 / ton from September 1. A number of domestic titanium dioxide enterprises have also sent letters to increase the price of titanium dioxide by 800-1500 yuan / ton, and manufacturers will continue to rise in the later stage. This price rise is a trend of rising to stop falling. This month, the titanium dioxide market presents a situation of rising and falling. The high quotation of titanium dioxide tends to fall, and the price of low-cost titanium dioxide rises, further narrowing the price range. The price trend moves closer to the middle. At present, the titanium dioxide market is picking up. Up to now, the factory quotation including tax of rutile titanium dioxide in China is 19000-21600 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 17500-19000 yuan / ton.
According to the customs data, in July 2021, China’s titanium dioxide export was about 87500 tons, a year-on-year decrease of 10.32% and a month on month decrease of 13.03%; From January to July 2021, the cumulative export volume was about 728000 tons, with a year-on-year increase of 11.55%, and the cumulative export volume increased by 75400 tons from January to July 2020.
In July 2021, China imported about 17500 tons of titanium dioxide, an increase of 19.60% year-on-year and 7.04% month on month; The cumulative import from January to July was about 114800 tons, a year-on-year increase of 24.57%, and the import volume from January to July 2020 increased by about 22600 tons.
In terms of titanium concentrate, the price of titanium concentrate in Panxi area increased this month. Yunnan titanium mine is affected by environmental protection, and the spot supply is tight. Affected by the epidemic, the supply of imported titanium ore is also tight and the supply of goods is tight. At present, the quotation excluding tax of 38 grade titanium ore is 1550-1600 yuan / ton, that of 46 grade 10 titanium ore is 2320-2420 yuan / ton, and that of 47 grade 20 ore is 2500-2550 yuan / ton. At present, the overall supply of titanium ore in the market is tight, and the price of titanium dioxide is expected to rise. In the short term, the wait-and-see sentiment in the titanium ore market is obvious, and there is still room for price increase.
According to the customs data, in July 2021, China imported 250700 tons of titanium ore, with a year-on-year increase of 15.95% and a month on month decrease of 29.99%; From January to July 2021, the cumulative import of titanium ore was about 2229900 tons, with a year-on-year increase of about 27.48%, and a year-on-year increase of about 480100 tons from January to July 2020.
In terms of sulfuric acid, according to the bulk list data of business society, the market price of sulfuric acid in Shandong increased this month. The quotation increased from 710.00 yuan / ton at the beginning of the month to 785.00 yuan / ton at the end of the month, an increase of 75.00 yuan / ton, an increase of 10.56%, and a year-on-year increase of 101.28% compared with the same period last year. On the whole, the sulfuric acid market rose in August. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.
3、 Future forecast
Titanium dioxide analysts of business society believe that: at present, the price rise letters of titanium dioxide in China are frequent, the titanium dioxide market stops falling and stabilizes, and the demand is good. Internationally, the demand for foreign trade is acceptable and there is no pressure in the short term. On the whole, the price of raw titanium concentrate increased, sulfuric acid also increased, and the cost support was strong. It is expected that the price of titanium dioxide will be strong and upward in the short term, and the actual transaction price will be mainly discussed.