1. Price Trend
Taking the sulfuric acid process rutile titanium dioxide, which has a large sales volume in the domestic market, as an example, the domestic titanium dioxide price increased by 0.21% last Friday.
2. Market Analysis
This week, the domestic titanium dioxide market was stable with minor fluctuations. The price of titanium concentrate rose slightly, while the price of sulfuric acid remained basically stable. The production cost of titanium dioxide is still under great pressure due to the influence of raw materials. This week, leading enterprises have many orders on hand, and the quotations of new orders have been slightly increased. Most manufacturers’ quotations are mainly stable. Traders’ quotations are relatively flexible, and the prices on the market have risen and fallen. Overall, the fluctuation range is small. The actual transaction price is negotiated on a case-by-case basis.
In terms of titanium concentrate, the market price of titanium concentrate in Panxi region has risen slightly. At present, the spot market is still tight, and the price of titanium ore is running high. The market of downstream titanium dioxide enterprises is general, and they are more cautious about titanium concentrate, mainly based on rigid demand, and purchase cautiously. In the short term, the price of Panxi titanium concentrate will continue to run high, and the specific actual transaction price will be negotiated on a case-by-case basis.
3. Market Forecast
This week, the domestic titanium dioxide market was largely stable with small fluctuations, and the trading on the market was relatively flexible. This week, the price of titanium concentrate rose, the price of sulfuric acid remained high, and the cost pressure of titanium dioxide was relatively large. The downstream market demand was not good, and more people waited and watched, and transactions were cautious. In the short term, the market is mainly stable, and the actual transaction price is negotiated on a case-by-case basis.
Post time: Aug-12-2024