This week, the domestic titanium dioxide market is temporarily stable

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 market is temporarily stable this week.

2. Market Analysis

This week, the domestic titanium dioxide market is temporarily stable. Overall, the international titanium dioxide export situation is still good. The domestic terminal market demand is weak, the raw material titanium ore market price is high, and the price of sulfuric acid has been continuously raised. Due to the influence of raw materials, the production cost of titanium dioxide is under great pressure, and the price adjustment space is limited. Due to many reasons such as power grid maintenance, some companies still have maintenance plans this month, which can alleviate the current market pressure to a certain extent. 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 is firm and upward. Affected by the supply of raw materials, mining enterprises in Panxi region are under-operated, the market spot is tight, and the price of titanium ore is running high. However, the market of downstream titanium dioxide enterprises is sluggish, the market demand is not good, titanium concentrate transactions are mostly on the sidelines, and market procurement is cautious. 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

At present, the price of titanium concentrate in Panxi area is firm and upward, the price of sulfuric acid is upward, and the raw material support is good. The cost of titanium dioxide is under pressure, and some prices are close to the cost. The overall downward adjustment space of the titanium dioxide market is limited. It is expected that the purchase situation will improve in the short term, and the actual transaction price is negotiated on a case-by-case basis.

Related listed companies: Longmang Baili (002601), China National Nuclear Titanium Dioxide (002145), Jinpu Titanium Industry (000545), Anada (002136), *ST Vanadium Titanium (000629)