The domestic titanium dioxide market remained stable this week (7.1-7.8)

1、 Price trend

 

Gamma-PGA (gamma polyglutamic acid)

Taking the sulfuric acid method rutile type titanium dioxide, which has a large volume of sales in the domestic market, as an example, according to data monitoring by Business Society, the domestic titanium dioxide market has remained stable this week, with an average price of 15783.33 yuan/ton.

 

2、 Market analysis

 

This week, the domestic titanium dioxide market is temporarily stable and consolidating. Overall, the international export situation of titanium dioxide is still acceptable. The demand in the domestic terminal market is weak, with high prices in the raw material titanium ore market and continuous increases in sulfuric acid prices. Due to the impact of raw materials, there is significant pressure on the production cost of titanium dioxide, and limited room for price downward adjustment. Due to various reasons such as power grid maintenance, some enterprises still have maintenance plans this month, which to some extent alleviates the current market pressure. As of now, most domestic sulfuric acid based rutile titanium dioxide quotations are between 15300 and 16200 yuan/ton; The quotation for rutile titanium dioxide is around 14500-15000 yuan/ton. The actual transaction price is negotiable.

 

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region is strong and upward. Affected by the supply of raw materials, mining enterprises in the Panxi region have insufficient production, resulting in a tight spot market and high prices of titanium ore. However, the downstream titanium dioxide enterprises have a weak market situation and poor market demand. The trading of titanium concentrate is mostly wait-and-see, and market procurement is cautious. As of now, the tax-free quotation for 38-42 grade titanium ore is around 1570-1580 yuan/ton, the tax-free quotation for 46 grade 10 titanium concentrate is around 2200-2250 yuan/ton, and the quotation for 47 grade 20 titanium concentrate is around 2500-2630 yuan/ton. In the short term, the price of Panxi titanium concentrate continues to operate at a high level, and the specific actual transaction price will be negotiated separately.

 

3、 Future Market Forecast

 

The titanium dioxide analyst from Business Society believes that currently, the price of titanium concentrate in Panxi region is strong and upward, while the price of sulfuric acid is upward, with good support for raw materials. The cost of titanium dioxide is under pressure, and some prices are approaching the cost. The overall downward space for the titanium dioxide market is limited. It is expected that the situation of purchasing goods will improve in the short term, and the actual transaction price will be negotiated separately.

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