SunSirs: The Domestic Titanium Dioxide Market Was Mainly Stable This Week (July 22-26)

https://www.chemnet.com   Jul 29,2024 SunSirs

Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by SunSirs, the domestic titanium dioxide market had remained stable this week, with an average price of 15,783.33 RMB/ton.

Analysis review

The domestic titanium dioxide market remained stable this week. This week, the price of raw material titanium concentrate had risen, and the price of sulfuric acid remained strong at a high level. The production cost pressure of titanium dioxide was still significant due to the influence of raw materials. This week, leading enterprises implemented preferential policies for distributors, resulting in an increase in pending orders for the enterprises. Most manufacturers prioritized stable pricing, with some scarce brand sources experiencing slight price increases. As of July 26th, the domestic quotation for sulfuric acid based rutile titanium dioxide was mostly between 15,300-16,200 RMB/ton; The quotation for anatase titanium dioxide is around 14,500-15,000 RMB/ton. The actual transaction price was negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region had remained strong and upward. As of July 26th, the spot market was still tight, and the price of titanium ore was running at a high level. Downstream titanium dioxide enterprises were generally in the market, and they were more cautious about titanium concentrate, with a focus on urgent needs and cautious procurement. As of July 26th, the price of 38-42 grade titanium ore without tax was around 1,600-1,630 RMB/ton, the price of 46 grade 10 titanium concentrate without tax was around 2,250-2,280 RMB/ton, and the price of 47 grade 20 titanium concentrate was around 2,500-2,630 RMB/ton. In the short term, the price of Panxi titanium concentrate continues to operate at a high level, and the specific transaction price will be discussed on a case by case basis.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide market remained stable this week, with some brands experiencing price increases. The overall market shipment situation was still acceptable. This week, the price of titanium concentrate had risen, the price of sulfuric acid remained high and firm, and the cost pressure of titanium dioxide was significant. In the short term, the market is mainly stable, and the actual transaction price is negotiable.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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