1、 Price trend

According to the commodity data monitoring, the price of titanium dioxide was stable and small in the month. At the beginning of the month, the average price of domestic titanium dioxide was 21066.67 yuan / ton, and at the end of the month, the average price was 20950 yuan / ton. The price decreased slightly within the month, with a range of 0.55.

2、 Market analysis

This month, the domestic titanium dioxide market price is stable and small. The price decreased slightly in the first half of the month, and then with the price increase letters from various manufacturers, including Longbai group, anada, Daxiao, etc. On the basis of stabilizing the price, the price has increased slightly. Up to now, the factory quotation including tax of rutile titanium dioxide in China is 19500-21800 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 17600-19500 yuan / ton. At present, titanium dioxide enterprises are limited by the sound of films, more parking, low market operation, and many enterprises have sent letters to raise prices. The trading market has a strong wait-and-see mentality. Traders are more cautious in taking goods and mainly purchase on demand.

According to the statistical data provided by the General Administration of customs, the export volume of titanium dioxide in China in August 2021 was 102655.52 tons, with a month on month increase of 17.39% and a year-on-year decrease of 12.35%. The average export price in August was 2937.85 US dollars / ton.

In August 2021, the import volume of titanium dioxide in China was 15124.72 tons, a month on month decrease of 13.89% and a year-on-year increase of 23.05%. The average import price in August was 3194.73 US dollars / ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi continues to rise this month. Affected by environmental protection, the spot supply of titanium ore in Yunnan is relatively tight. The price of titanium ore in Yunnan rises slightly, and the market transaction is relatively good. Up to now, the tax free quotation of 38 grade titanium ore is about 1650-1700 yuan / ton, that of 46 grade 10 titanium ore is about 2450 yuan / ton, and that of 47 grade 20 ore is about 2500-2550 yuan / ton. In the short term, the price of Panxi titanium concentrate will continue to be high and firm, and the actual transaction price will be discussed.

According to the statistical data provided by the General Administration of customs, the export volume of China’s titanium concentrate in August 2021 was 1590 tons, a month on month decrease of 30.09% and a year-on-year increase of 25.74%. The average export price in August was US $1343.06/t.

In August 2021, the import volume of titanium concentrate in China was 262344.98 tons, with a month on month increase of 4.63% and a year-on-year increase of 17.68%. The average import price in August was USD 333.34/t.

In terms of sulfuric acid, the domestic sulfuric acid market price rose this month, and the quotation increased from 785.00 yuan / ton at the beginning of the month to 871.67 yuan / ton at the end of the month, an increase of 86.67 yuan / ton, or 11.04%, a year-on-year increase of 120.68% compared with the same period last year. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.

3、 Future forecast

Titanium dioxide analysts of business society believe that at present, the quotation of titanium dioxide market is strong and upward, and the manufacturers are willing to rise. Internationally, the demand for foreign trade is acceptable and there is no pressure in the short term. On the whole, the raw material titanium concentrate increased, the price of sulfuric acid increased, and the cost support was strong. It is expected that the price of titanium dioxide will be strong and upward in the short term, and the actual transaction price is mainly discussed.