Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- Chinese rutile titanium dioxide prices remain stable at about $1,844–$1,914 per ton (tax included).
- Anatase titanium dioxide is quoted at around $1,691–$1,719 per ton (tax included).
- Despite weak domestic demand and cautious procurement, factories are mainly fulfilling previous orders with limited new sales pressure.
2. Titanium Dioxide Pigment Market Trends
- Whether major titanium dioxide producers will raise prices next month will depend on the market stance of Longbai Group.
- Inventory levels at most plants are manageable, but downstream buyers show little interest in new purchases.
- Sulfuric acid prices fell sharply, reaching $43–$101 per ton in Shandong and $43–$63 per ton in Henan. This reduces TiO₂ production costs but highlights weaker demand from fertilizer markets, which indirectly pressures TiO₂ sentiment.
3. Market Forecast
- Tight ilmenite supply continues to support raw material costs, keeping TiO₂ production expenses elevated.
- Due to cost support, TiO₂ prices could edge up slightly, though weak downstream demand limits upside momentum.
- Overall, the market remains cautious with a wait-and-see attitude, with only selective upward adjustments possible in the short term.
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