1、 Price trend

Take the sulfuric acid rutile titanium dioxide with large volume in domestic market as an example. According to the data of business club’s block list, the price of titanium dioxide rose this month. The average price of domestic titanium dioxide was 17133.33 yuan / ton on February 1, and 18066.67 yuan / ton on February 26. The price rose by 5.45% in the week.

2、 Market analysis

This month, titanium dioxide rose from before the year to after the year. The enterprises that didn’t have time to send the price increase letter before the year responded positively after the year. On the whole, the price increased by 1000 yuan. At present, the main manufacturers’ export orders are in good condition. At present, some enterprises have received orders until the middle and late March, and some enterprises have received orders until April. The overall market confidence is good, and the spot tension may continue. The price of domestic rutile titanium dioxide with tax is 17500-19000 yuan / ton, and that of anatase titanium dioxide with tax is 14100-16500 yuan / ton.

According to customs data, in December 2020, China’s import of titanium dioxide was about 16500 tons, a year-on-year decrease of 3.79% and a month on month increase of 2.73%. From January to December in 2020, the cumulative import is about 172400 tons, with a year-on-year growth of 2.85%.

In December 2020, China’s titanium dioxide export was 102000 tons, up 1.26% year on year and down 9.13% month on month. From January to December, the total export was about 1214800 tons, up 21.06% year on year.

In terms of raw materials, the price of titanium concentrate in Panxi increased slightly this week. Most of the miners are in the wait-and-see stage. Up to now, the price of 46,10 titanium ore of small and medium-sized manufacturers is 2000-2100 yuan / ton; the price of 47,20 titanium ore is about 2100 yuan / ton, and that of 38,42 titanium ore is 1350-1380 yuan / ton without tax. In the short term, the price of new order of titanium concentrate may rise steadily, and the real order is firm and has a single discussion.

According to customs data, in December 2020, the import volume of China’s titanium ore was 300500 tons, with a month on month increase of 18.86% and a year-on-year increase of 1.27%. The top three import countries are Mozambique, Vietnam and Australia, accounting for 43%, 22% and 11% of the total import respectively. From January to December 2020, the total import volume is about 3.0142 million tons, with a year-on-year increase of 15.29%.

In December 2020, China’s export of titanium ore was 3870 tons, with a year-on-year increase of 74.68% and a month on month increase of 32.19%. From January to December 2020, the total export is about 2.58 tons, up 7.21% year on year.

3、 Future forecast

Titanium dioxide business analyst said: at present, titanium dioxide enterprises export orders perform well. The domestic spot market is tight, and the overall confidence of titanium dioxide market is good. The price of raw material titanium ore increased slightly, with strong cost support. It is expected that in the short term, the titanium dioxide market will mainly run at a high level, and the actual transaction will be discussed in a single way.