As of Thursday’s close, the national market evaluation average price of rutile titanium dioxide was 15,465 yuan/ton, and the negotiation range in the week was closer to 15,200-16,000 yuan/ton. During the week, the reference range of big customer orders is 15,000-15,700 yuan/ton (different brands of rutile products).
The normal transaction orders of mainstream manufacturers are mostly 15,500 yuan/ton and above, and the market price of low-price strategy manufacturers is 15,200-15,500 yuan/ton. With the increase of high-priced transactions in the market as a whole, the reference price of some models with tight supply in direct selling links has been expanded to 16,500 yuan/ton and above.
How about the demand side? This week, the overall demand in China was good. During the same period, there were more shipments in overseas export markets, and the transaction market was active during the week. Most downstream companies actively entered the market to purchase according to orders. In terms of Tio2 demand outside China, it is understood that due to the significant cost-effective advantage, external demand is still in a prosperous state, and it is better for production enterprises to feedback on new orders in the export market. While will the rising trends of Tio2 keep going on? I double it considering dropping exporting amount from Main Asia countries and interest rate rising in America, all means the economy slow down globally.
So what is your current purchasing price for this weekend for Rutile titanium dioxide by sulfuric acid method and rutile titanium dioxide by chlorination method? – BK
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