The overall average price of titanium dioxide rebounded against the trend

Take the sulfuric acid rutile titanium dioxide in the domestic market as an example. According to the statistics of the business community, last week (July 11-July 15), the average price of titanium dioxide rebounded against the overall trend. At the beginning of the week, it was 13,170 yuan per ton to 13,345 yuan per ton at the weekend, an increase of 0.57%.

In the middle of July, the titanium dioxide rose up to the end of 2016. As of July 15, 13 manufacturers nationwide announced that they had adjusted upward, except for Longyan and Daili, which rose by RMB 0-800/tonne. Other manufacturers have all raised 500 yuan/ton. At present, the domestic downstream demand market continues to weaken, both upstream and downstream are entering the off-season. Therefore, the coverage of the eighth upward adjustment is not wide and not concentrated, reflecting the lack of confidence in price increases. Most of the purpose of participation is to consolidate the price adjustment results. Recent upward adjustments have mainly concentrated on the rutile type. This is mainly due to the fact that its exports are relatively good, stimulating domestic stocks, and the pressure on major manufacturers' inventory has been greatly eased, while the main supply of domestic titanium dioxide in the domestic market has gradually weakened. Reflecting the domestic demand, the current maximum spread between rutile and anatase has reached 4,000 yuan/ton. In addition, there are two major domestic manufacturers who are engaged in "squeaking" and wondering what the outcome will be. Let's wait and see. At present, most of the domestic mainstream prices of sulfuric acid rutile and anatase titanium dioxide are priced at RMB 11500-13,000/ton and RMB 9,000-9800/ton (including tax).

Titanium ore prices in Panxi region rose again last week. Due to tight supply, miners generally increase prices, among which the ex-factory price of large miners is around 950 yuan/ton (excluding tax). It is worth mentioning that this price level is already higher than the price of imported mines. In the Panzhihua area, during the rainy season, the miners’ production costs rose again. In addition, Panzhihua Steel’s Chongqing Titanium industry is about to be put into production. The external supply of titanium concentrates shrinks, the supply of titanium concentrates is tight or persistent, and the supply of imported titanium is also tight. Panxi titanium The increase in concentrate prices was stimulated by external factors. In addition, the downstream titanium dioxide surged for the eighth time, which once again strengthened the confidence of miners. However, the current domestic demand market for titanium dioxide downstream has entered the off-season, taking a weaker product, and the titanium concentrate will continue to rise. At present, the price of Ti-38 or more in Panxi area is around RMB 500/t (excluding tax), and the price of 46 grade 10 titanium concentrate is between RMB 850-900/t (excluding tax). The main transaction price is at 780- 820 yuan / ton (excluding tax), 47 grade titanium concentrate prices in the 850-900 yuan / ton (excluding tax), the main transaction price of 820-900 yuan / ton (excluding tax).

Last week, the domestic market price of titanium dioxide continued to be strong, the business community chemical branch Titanium Dioxide analyst Yang Xun believes: in 2016 the eighth consecutive gains momentum has passed, the true and false look at the bid is obvious, but the raw material titanium concentrate prices soared Fast, even if the cost-assisted market performance is not obvious, it also makes it difficult for titanium dioxide manufacturers who have not raised their prices. In the short-term, the single-market market is still dominated by single orders, volume, and payment formats.

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