Titanium dioxide: cost support market trend up

Around the 11th double festival, Titanium Dioxide market has entered a new round of price adjustment from the previous stability. At present, most of the domestic titanium dioxide market prices have been adjusted and entered a stable state. At present, domestic titanium dioxide is mostly quoted at 14000-15500 yuan / ton for rutile, 11500-12000 yuan / ton for anatase.

Up to now, the tax free quotation of 38 titanium ore is 1180-1200 yuan / ton, that of 46,10 titanium ore is 1530-1750 yuan / ton, and that of 47 and 20 ore is 1550 yuan / ton. Compared with the end of last week, the price of No.38 ore increased by 200 yuan / ton, 46 and 10 titanium ore increased by 200 yuan / ton, and 47 and 20 ore increased by 100-120 yuan / ton. The increase in the price of titanium ore increases the cost of titanium dioxide and the price of titanium dioxide increases.

In terms of demand, the export volume of China's titanium dioxide was good. In August, China's titanium dioxide export volume was 117000 tons, with a month on month increase of 20.1%, and a year-on-year increase of 34.09%; from January to August 2020, the cumulative export volume of titanium dioxide was 777800 tons, with a year-on-year increase of 18.27%. The market demand of downstream coatings is good and the recovery is obvious. In addition, the completion and recovery of terminal real estate led to the market demand of coatings and titanium dioxide.

To sum up, due to the rising prices of raw materials, increased costs, increased export volume and expanded market demand, the titanium dioxide market is currently performing well. It is expected that the domestic titanium dioxide market will enter a stable period after this round of price increase in the short term, and then the price may rise slightly again.