The domestic titanium dioxide market remained stable this week (February 2-6)

1、 Price trend

Gamma-PGA (gamma polyglutamic acid)

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 been operating steadily this week, with an average market price of 13900 yuan/ton.
2、 Market analysis
This week, the domestic titanium dioxide market has been operating steadily. At present, titanium dioxide companies still face significant cost pressure, but demand from end-users is poor, and market shipments are relatively average. Market stability is the main focus before the holiday, and the atmosphere in the market is relatively stagnant, so it is advisable to wait and see. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 13200-14300 yuan/ton; The price of Ruiti type is around 12200-12800 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market is currently stable this week. The cost of titanium dioxide enterprises is under pressure, and their quotations are firm, but downstream wait-and-see sentiment is evident, with a focus on essential needs. It is expected that the titanium dioxide market will remain strong in the short term, with actual transaction prices subject to negotiation.

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