SunSirs: The Domestic Titanium Dioxide Market Price Was Temporarily Stable This Week (November 11-15)

https://www.chemnet.com   Nov 18,2024 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 price remained stable this week, with an average price of 15,166.67 RMB/ton.

Analysis review

The domestic titanium dioxide market remained stable this week. The price of titanium concentrate on raw materials was weakly stable, while the price of sulfuric acid had slightly increased. Internationally, there was significant pressure on enterprises to export. Domestically, the titanium dioxide market was sluggish, with a strong wait-and-see sentiment downstream. Actual orders were cautious, and new orders were priced according to market trends, making the market more flexible. As of November 15th, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 14,000-15,900 RMB/ton; T The quotation for anatase titanium dioxide was around 13,500 RMB/ton. The actual transaction price was negotiable.

In terms of titanium concentrate, the price of titanium concentrate in the Panxi region was weakly stable. The supply of titanium ore in the Panxi region had decreased, and the spot market was tight. Downstream cost pressure was high, on-site inquiries were still acceptable, and actual orders were being cautiously observed, with a focus on first-time purchases. The upstream and downstream markets were mainly wait-and-see, and it is expected that the titanium ore market will continue to weaken and consolidate in the short term.

Market outlook

The titanium dioxide analyst from SunSirs believes that the domestic titanium dioxide prices remained stable this week, and downstream demand continued to be weak. Market procurement was cautious and cautious. It is expected that the market will maintain stable operation in the short term, and the actual transaction price will be negotiated one by one.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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