The domestic titanium dioxide market is deadlocked this week (11.17-11.21)

1、 Price trend

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Taking the sulfuric acid method for producing pyrite type titanium dioxide, which has a large volume of goods in the domestic market, as an example. According to data monitoring by Business Society, the domestic titanium dioxide market has remained stable this week, with an average price of 13500 yuan/ton.
2、 Market analysis
The domestic titanium dioxide market is temporarily stable this week. At present, the demand for titanium dioxide is light, and downstream factories and traders have poor enthusiasm for purchasing, resulting in a relatively sluggish market trading atmosphere. Downstream markets are also observing the trend of next week’s exhibition, and overall, the titanium dioxide market is still relatively sluggish this week. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-13900 yuan/ton; The price of the titanium type is around 12000-12500 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the titanium dioxide market is still relatively sluggish this week, with high inventory pressure on the market, high raw material costs, serious production inversion of enterprises, and a decrease in market operating rates. It is expected that titanium dioxide will operate weakly and steadily in the short term, and the actual transaction price will be negotiable.

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