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 from Shengyi Society, the domestic titanium dioxide market has remained stable this week, with an average price of 13860 yuan/ton.
2、 Market analysis
This week, the domestic titanium dioxide market has temporarily stabilized and consolidated. At present, the demand for titanium dioxide in the market is average, with high raw material production costs and significant operational pressure on enterprises. However, downstream procurement enthusiasm is not high, and new orders signed are not as expected. The upstream and downstream markets are in a game, and the market situation is relatively stagnant, with many people waiting and watching. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 13200-14200 yuan/ton; The price of rutile type is around 12000-12500 yuan/ton, and the price of chlorination method is 13600-16500 yuan/ton. The actual transaction price is negotiable.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market will mainly consolidate this week. The upstream and downstream market conditions are relatively stagnant, and the market is observing and cautious in transactions. It is expected that titanium dioxide will operate steadily in the short term, and the actual transaction price will be negotiated one by one.
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