The price of titanium dioxide rose by RMB1000 yuan this week (2.1-2.7)

1、 Price trend

 

Take the sulfuric acid rutile titanium dioxide with large volume in domestic market as an example. According to the data of business club’s block list, the price of titanium dioxide rose this month. The average price of domestic titanium dioxide was 17133.33 yuan / ton on February 1 and 18066.67 yuan / ton on February 7. The price rose by 5.45% in the week.

 

2、 Market analysis

 

This week, the price of titanium dioxide in Longqi rose by 1000 yuan. At present, the main manufacturers are in good condition to receive orders for export, and some of them have received orders until the middle and late March. The overall market confidence is good. The price of domestic rutile titanium dioxide with tax is 17500-18600 yuan / ton, and that of anatase titanium dioxide with tax is 14100-16500 yuan / ton.

 

According to customs data, in December 2020, China’s import of titanium dioxide was about 16500 tons, a year-on-year decrease of 3.79% and a month on month increase of 2.73%. From January to December in 2020, the cumulative import is about 172400 tons, with a year-on-year growth of 2.85%.

 

In December 2020, China’s titanium dioxide export was 102000 tons, up 1.26% year on year and down 9.13% month on month. From January to December, the total export was about 1214800 tons, up 21.06% year on year.

 

In terms of raw materials, the price of titanium concentrate in Panxi increased slightly this week. As the Spring Festival holiday is approaching, the real single market is cold, and the market price is basically stable. Up to now, the price of 46,10 titanium ore from small and medium-sized manufacturers is 1950-1980 yuan / ton; the price of 47,20 titanium ore is about 2100 yuan / ton, and the price of 38,42 titanium ore without tax is 1330-1350 yuan / ton. In the short term, the price of titanium concentrate will continue to run at a high level, which is a single discussion.

 

According to customs data, in December 2020, the import volume of China’s titanium ore was 300500 tons, with a month on month increase of 18.86% and a year-on-year increase of 1.27%. The top three import countries are Mozambique, Vietnam and Australia, accounting for 43%, 22% and 11% of the total import respectively. From January to December 2020, the total import volume is about 3.0142 million tons, with a year-on-year increase of 15.29%.

 

In December 2020, China’s export of titanium ore was 3870 tons, with a year-on-year increase of 74.68% and a month on month increase of 32.19%. From January to December 2020, the total export is about 2.58 tons, up 7.21% year on year.

 

3、 Future forecast

 

Titanium dioxide business analyst said: at present, titanium dioxide enterprises export orders perform well. The domestic market is approaching the Spring Festival, logistics and other factors lead to the cold atmosphere of domestic terminal trading. The price of raw material titanium ore is high, the cost support is strong, and the market confidence of titanium dioxide is good. It is expected that in the short term, the titanium dioxide market will mainly run at a high level, and the actual transaction will be discussed in a single way.

Thiourea