Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The titanium dioxide market is experiencing weak demand, with some companies adjusting their prices. As of now, the price for rutile-type titanium dioxide (including tax) is approximately $1,919 to $2,071 per ton, while anatase-type titanium dioxide is priced at around $1,754 to $1,838 per ton.
- Due to persistently low demand, inventory levels at titanium dioxide factories have increased, prompting companies to actively sell their products. Some companies have reduced prices for new orders by about $41 to $68 per ton to stimulate sales.
- The cost of raw materials, like titanium ore, continues to decline, and sulfuric acid prices in some regions have also started to decrease, slightly relieving production cost pressures on titanium dioxide manufacturers.
2. Titanium Dioxide Pigment Market Trends
- The titanium dioxide pigment market is marked by a cautious sentiment among buyers, with some enterprises lowering their prices. Current market dynamics are influenced by weak demand and high inventory levels.
- Despite the high operational rates of production facilities, most enterprises have no immediate plans for new maintenance activities. The market remains under pressure due to weak demand, and stakeholders are largely in a wait-and-see mode, anticipating potential new policies from major manufacturers.
3. Market Forecast
- With downstream demand remaining weak, titanium dioxide prices are expected to continue their downward trend.
- Cost pressures remain significant, and the market is likely to stay under pressure until demand conditions improve significantly.
- Overall, the market is expected to operate under a weak balance, with price adjustments continuing as companies respond to changing demand and cost dynamics.