Chemical News
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SunSirs: This Week, the Titanium Tetrachloride Market Remained Stable and Mainly Consolidated (May 13-17)
https://www.chemnet.com May 23,2024 SunSirs
The domestic titanium tetrachloride market remained stable this week. According to the monitoring system of SunSirs, as of May 17th, the benchmark price of titanium tetrachloride in SunSirs was 10,675.00 RMB/ton, a decrease of 1.39% compared to the beginning of this month (10,825.00 RMB/ton).
Analysis review
Raw material side: The price of titanium concentrate was running at a high level, which put pressure on the cost of high titanium slag enterprises. In addition, with the increase in electricity prices in Liaoning region, most production enterprises were losing money, and the market price of high titanium slag was under pressure and rising.
The downstream titanium dioxide market prices were weak and weak, and the market trading situation was average.
Market outlook
SunSirs' titanium tetrachloride analyst believes that the high cost side of titanium tetrachloride was under pressure, and downstream titanium dioxide market prices were weak and weak, resulting in a cold trading atmosphere in the market. the titanium tetrachloride market will mainly stabilize and consolidate temporarily in the near future.
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