1、 Price trend
Taking the sulfuric acid method gold red stone titanium dioxide with a large volume of goods in the domestic market as an example, the price of titanium dioxide in the domestic market has increased this week. The average price of titanium dioxide on Monday was 14220 yuan/ton, and the average price of titanium dioxide on the weekend was 14260 yuan/ton, with a price increase of 0.28%.
2、 Market analysis
This week, the domestic titanium dioxide market prices have increased. The overall stability of the upstream titanium ore market is temporary, with strong quotes from miners. Today, Japan launched an anti-dumping investigation into Chinese made titanium dioxide pigments, with uncertainty in the export market and a strong wait-and-see sentiment in the market. The atmosphere of spot trading is relatively weak, and enterprises mainly focus on delivering existing orders. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 13300 and 15700 yuan/ton; Sharp titanium type costs around 12800-14500 yuan/ton.
3、 Future forecast
Titanium dioxide analysts believe that the domestic titanium dioxide market price has slightly increased this week. Downstream inquiries are light, with a focus on urgent purchases. It is expected that the titanium dioxide market will remain stable in the short term, and it is still necessary to observe the follow-up situation of the market.