The domestic titanium dioxide market is relatively stable this week

October 27, 2021

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1、 Price trend

Taking the rutile Titanium Dioxide produced by sulfuric ACID process with large volume in the domestic market as an example, according to the data of the bulk list of business society, the titanium dioxide market is basically stable this week, and the price of domestic titanium dioxide is 20950 yuan / ton.

2、 Market analysis

The titanium dioxide market was basically stable this week. The market price of titanium dioxide in China is basically stable. Rutile titanium dioxide is relatively stable, the price of anatase titanium dioxide increases slightly, and some manufacturers increase by about 500 yuan. At present, enterprises are limited and the market starts at a low level. Up to now, the factory quotation including tax of rutile titanium dioxide in China is mostly 19500-21800 yuan / ton; The factory quotation of anatase titanium dioxide including tax is mostly between 18000-19500 yuan / ton.

In terms of titanium concentrate, the market price of titanium concentrate in Panxi area decreased this week, the operating rate of downstream titanium dioxide plants decreased, the overall demand for titanium concentrate decreased slightly, and the demand for titanium ore market weakened. The overall market trading atmosphere was light, the prices of some small and medium-sized miners fell slightly, traders were cautious in taking goods, and the wait-and-see mood was obvious. Up to now, the tax free quotation of 38 grade titanium ore is about 1600-1650 yuan / ton, that of 46 grade 10 titanium ore is about 2330-2350 yuan / ton, and that of 47 grade 20 ore is about 2500-2550 yuan / ton. The operating rate of the downstream titanium dioxide plant decreases, the overall demand for titanium concentrate shrinks slightly, and the demand for titanium ore market weakens. The overall market trading atmosphere is general, traders are cautious in taking goods, and the wait-and-see mood is obvious. Downstream procurement is mainly on demand. It is expected that the price of titanium concentrate will remain stable in the short term, and the actual transaction price will be dominated by single negotiation.

3、 Future forecast

We believe that: at present, the market quotation of titanium dioxide is strong, the upstream and downstream purchase on demand, and the manufacturers are willing to rise. Internationally, the demand for foreign trade is acceptable and there is no pressure in the short term. In terms of raw materials, the price of titanium concentrate is reduced, but it is still high, and the cost pressure of titanium dioxide is large. It is expected that the titanium dioxide market will be more wait-and-see and consolidation in the short term.

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