Titanium dioxide price is strong

Titanium market in Europe today is stable, the price of European strategic small metal sponge titanium is 8-9.3 US dollars / kg, titanium-iron price is 7.5-8 US dollars / kg titanium, unchanged from the previous yesterday's price.

It is reported that although the price of ferro-titanium raw materials in Europe is still high recently, due to the reduction in market demand and the influx of Russian low-priced ferro-titanium resources, the recent turnover of ferro-titanium in Europe has been limited and the market has been running weakly.

In terms of domestic macro news, it is reported that China’s kinetic energy has caused the world economy to face inflation; January-February or China’s annual inflation high; successive six anti-survey investigations on Sino-European trade frictions; weight adjustment January CPI data or below expected.

Domestic titanium iron market, it is understood that due to the recent high raw material prices, domestic titanium iron manufacturers willingness to increase prices, but because the domestic market demand is still small, the lack of market-led increase in ferro-titanium prices, so the recent market is stable. The recent increase in the cost of titanium sponge, today's prices have risen.

After the holiday, the price of titanium dioxide rose again, and then stabilized. According to the latest understanding, the price of titanium dioxide has risen again. Due to the successive increase in the price of titanium dioxide, the cost of raw materials in the downstream coating market was insufficient to digest the recent increase in prices. At the same time, titanium dioxide upstream titanium concentrate industry prices are still very good, the recent price is expected to be driven by titanium dioxide, prices rose again.