Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- Titanium dioxide manufacturers are adjusting their prices upwards, with Heng Tong Titanium raising domestic prices by approximately $69 per ton and Citic Titanium raising domestic prices by about $41 per ton, and international prices by $7 per ton.
- Currently, the market price for Chinese rutile titanium dioxide, including tax, is approximately $1,972-$2,083 per ton, and for anatase titanium dioxide, it is about $1,753-$1,863 per ton.
- Before the holiday, titanium dioxide enterprises had good order intake, and post-holiday, many are scheduled to deliver orders. The downstream market is gradually resuming production, which, combined with pre-holiday inventory stocking, means fewer inquiries this week. The market is maintaining a strong stance.
2. Titanium Dioxide Pigment Market Trends
- Several top manufacturers of titanium dioxide have announced price adjustments, with a total of 22 companies issuing price increase notices.
- Following the holiday, titanium dioxide production is expected to increase as enterprises that underwent maintenance are planning to resume operations.
- Due to high costs and limited market supply, short-term titanium dioxide prices are likely to rise.
3. Market Forecast
- Titanium dioxide inventory levels are not high, and prices are expected to increase as the market stabilizes.
- As inventory is consumed and given the high cost of production, the transaction price of titanium dioxide may rise in the future.
- The market is expected to remain steady in the short term, but potential price increases are anticipated as demand and production stabilize.
