Price trend

Taking the rutile titanium dioxide of sulfuric acid method rutile in the domestic market as an example, according to the data of toodudu, the titanium dioxide market is steadily increasing, from the average price of 15,266.67 RMB/ton on February 3rd to the average ex-factory price of  15,600 RMB/ton on February 11th, an increase of 2.18%. 

On February 11, the titanium dioxide commodity index was 74.06, up 1.58 points from the previous day, down 25.94% from the highest point in the cycle of 100.00 (2011-09-04), and up 43.30% from the lowest point of 51.68 on December 29, 2015. (Note: cycle refers to 2011-09-01 to now)

Analysis review   

Product: At present, the titanium dioxide enterprises have started to decline significantly compared to the same period, and the titanium dioxide market is steadily rising. The domestic ex-factory price of rutile titanium dioxide with tax is 14,400-16,300 RMB/ton, the ex-factory price of anatase titanium dioxide with tax is 12,300-13,100 RMB/ton, and the price of chlorinated titanium dioxide is 17,500-21,000 RMB/ton. Affected by the epidemic, after the Lantern Festival, some enterprises have not recovered yet, and a few enterprises maintain normal production. Transportation is still regulated, and the transportation of its raw materials and products still has problems.

Industry chain: In the first ten days of February, the price of titanium concentrate in the upper Panxi region continued to strengthen. Due to transportation and other problems, the supply of raw ore is tight, the supply of medium ore is tight, the price continues to rise, and the low price orders in the market basically disappear. At present, the price of medium titanium ore above 38 grade in Panxi area is 1,030-1,100 RMB/ton, that of titanium concentrate of 46 grade 10 is 1,600-1,650 RMB/ton, and that of titanium concentrate of 47 grade 20 is 1,500 RMB/ton. The downstream terminal market is also affected by the operating rate, mainly to the southern market, while the northern market has limited short-term impact.

Market outlook

toodudu titanium dioxide analysts believe that: Panxi Mine offers increased, titanium dioxide enterprises started to decline. Downstream companies are also under-starting, but due to the dual impact of raw materials and operating rates, market prices have mostly held stable pre-holiday quotations, and some companies that did not increase their prices before the holiday began to increase their quotations. The actual transaction price is still based on a single negotiation.

If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com.