1、 Price trend

Taking the sulfuric acid method gold red stone titanium dioxide, which has a large volume of goods in the domestic market, as an example, according to data monitoring by Business Society, the price of titanium dioxide in the domestic market decreased in early May. On May 1st, the average price of titanium dioxide was 15480 yuan/ton, and on May 9th, the average price of titanium dioxide was 15200 yuan/ton, with a price reduction of 1.81%.
2、 Market analysis
In early May, the domestic titanium dioxide market prices were lowered. The upstream titanium concentrate market price has decreased, and the sulfuric acid price is fluctuating at a low level. Downstream market demand is poor, new orders are limited, and the demand side is weak and difficult to change. We should wait and see the market. As of now, the domestic quotation for sulfuric acid method pyrite type titanium dioxide is mostly between 14000-16200 yuan/ton; Sharp titanium type costs around 12700-13000 yuan/ton; The actual transaction price is negotiable.
In terms of titanium concentrate, the price of titanium concentrate has been weak this week. At present, the downstream demand for titanium dioxide is not good, with light new order transactions. Downstream customers are mainly observing and waiting, and miners are under great pressure to ship. The overall market price is still weak. As of now, the transaction price of 46,10 titanium ore for small and medium-sized manufacturers is between 1870-2100 yuan/ton; The price of 47,20 ore ranges from 2200-2280 yuan/ton; The price of 38 titanium ore excluding tax is around 1200-1280 yuan/ton. It is expected that the mainstream titanium ore in the Panxi region will operate weakly in the short term.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market price will decrease in early May. Downstream enterprises have a strong wait-and-see attitude, with light market transactions and cautious actual orders. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.