This week, the domestic titanium dioxide market is weak and has been downgraded (June 13-June 20)

1、 Price trend

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Taking the sulfuric acid method for producing pyrite type titanium dioxide, which has a large volume of goods in the domestic market, as an example. According to data monitoring by Business Society, the domestic titanium dioxide market price has decreased this week. Last Friday, the average price of titanium dioxide was 14220 yuan/ton, and this Friday the market price is 14160 yuan/ton. The price has been reduced by 0.42%.
2、 Market analysis
This week, the domestic titanium dioxide market is weak and has been downgraded. The international market exports are still weak, the domestic market has entered the off-season, overall demand is weak, and positive support is difficult to find. Downstream factories are more cautious in purchasing goods. The upstream titanium concentrate market is declining, sulfuric acid prices are rising, and due to inventory and cost pressures, on-site enterprises are operating at a low pace, resulting in a strong wait-and-see atmosphere in the overall market. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 13500-14600 yuan/ton; Sharp titanium type costs around 12300-12800 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate remained weakly stable this week. At present, downstream demand for titanium dioxide is poor, with light new orders and cautious procurement of raw materials. The main focus is on observing and observing, with mining companies facing significant shipping pressure and overall market prices remaining weak and stable. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 1750-1800 yuan/ton; The price of 47,20 ore ranges from 1950 to 2150 yuan/ton; The price of 38 titanium ore excluding tax is around 1120-1250 yuan/ton. It is expected that the titanium ore market price will continue to operate weakly and steadily in the short term.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market price will be weakened and lowered this week. Downstream market demand is weak, market transactions are light, actual order negotiations are the main focus, and transactions are cautious. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.

http://www.lubonchem.com/

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