1、 Price trend
Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market as an example, the price of titanium dioxide rose in this month according to the data of the business club’s bulk list. At the beginning of November, the average price of titanium dioxide in China was 15333.33 yuan / ton. As of November 27, the average price was 16000 yuan / ton. The price rose by 4.35% in the month.
2、 Market analysis
The market price of titanium dioxide rose this month. Based on the current foreign trade export market orders are relatively stable, supply side manufacturers and dealers in stock is still relatively tight, coupled with raw material titanium concentrate Market boost. At present, the price of titanium dioxide is still at a high level. Up to now, the factory price of rutile titanium dioxide with tax is 15000-16800 yuan / ton, and that of anatase titanium dioxide is 13200-14000 yuan / ton.
In October 2020, China’s titanium dioxide output was 322900 tons, an increase of 20700 tons compared with September, a month on month increase of 6.85%, and a year-on-year increase of 17.57%. From January to October, the total output of titanium dioxide was about 2.8392 million tons, an increase of 9.57% over the previous year, an increase of 248000 tons.
According to customs data, in October 2020, China’s titanium dioxide export was about 110200 tons, a year-on-year increase of 38.84%, and a month on month decrease of 1.43%. From January to October, the cumulative export was about 1.005 million tons, with a year-on-year increase of 21.88%.
In terms of raw materials, the price of titanium concentrate in Panzhihua Xichang area rose this month, and the market price of imported titanium ore also rose, which supported Panzhihua mine to a certain extent. Downstream buyers are under great pressure, and the actual transaction situation is general. Up to now, the prices of 46,10 titanium ore and 1320-1400 yuan / ton for 46,10 titanium ore, 2050 yuan / ton for 47,20 ore and 1320-1400 yuan / ton for 38,42 ore, respectively. In the short term, the price of titanium concentrate will continue to be strong, with a single discussion.
3、 Future forecast
Titanium dioxide analysts believe that: at present, export orders of enterprises perform well, and domestic spot is still tight. The price of raw material titanium ore is high, and the cost support still exists. It is expected that the titanium dioxide market will mainly operate at a high level in the short term. With the domestic demand market entering the off-season, the actual transaction price will be discussed according to the spot situation.
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