1、 Price trend

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 prices have decreased this week. The average price of titanium dioxide in the domestic market was 13860 yuan/ton at the beginning of the week and 13500 yuan/ton over the weekend, with a price reduction of 2.6%.
2、 Market analysis
This week, the focus of the domestic titanium dioxide market has shifted downwards. At present, the demand for titanium dioxide in the market is light, with average new inquiries and low enthusiasm for downstream procurement. Actual orders are cautious, and overall demand is weak. The production cost of raw materials is high, but effective support on site is difficult to find. The titanium dioxide market is operating at a high rate, and there is pressure on the market to accept orders, so many are waiting and watching. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-13900 yuan/ton; The price of the titanium type is around 12000-12500 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that the focus of the domestic titanium dioxide market will shift downwards this week. There is significant inventory pressure on the market, and there is a strong wait-and-see sentiment, resulting in cautious transactions. It is expected that titanium dioxide will operate weakly and steadily in the short term, and the actual transaction price will be negotiable.