It is unlikely that the price of titanium dioxide will continue to rise in June

Business Society Chemical Branch Titanium Dioxide Analyst Yang Xun told reporters today that due to the current titanium dioxide downstream user stocking is nearing completion, the stock trader and titanium dioxide end user getting goods enthusiasm gradually decreased, the titanium dioxide price stalemate stabilized. In the future, the market will be dominated by digested stocks, so it is expected that the possibility of a further increase in June is unlikely.

Prior to this, titanium dioxide leading enterprises raised their prices twice in mid-to-late April. Although there was no action in May, the overall bullishness of the market is still expected to be strong. In May, the frequency of price adjustment by various manufacturers was different. Most manufacturers had adjusted their prices by 1 to 3 times, and the rate of increase ranged from RMB 200/ton to RMB 300/ton. However, most manufacturers responded poorly to price adjustments.

At present, the majority of domestic ** rutile and anatase titanium dioxide mainstream quoted in 12000-13200 yuan / ton and 10000-11000 yuan / ton (both tax).