Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- China’s TiO₂ market saw a fresh price-hike wave: 24 producers issued notices, mainly citing strong cost pressure.
- Quoted hike level: +CNY 500–700/MT (≈ +$70–$98/MT at 7.15740).
- Despite hikes, buyers are still in an acceptance / adjustment phase for new orders; some producers are reported to be booked into Jan–Feb.
| Product | Price Range (USD/MT) | Change vs Last Week |
|---|---|---|
| Rutile-grade TiO₂ (incl. tax) | $1,970 – $2,050 | +$40 |
| Anatase-grade TiO₂ (incl. tax) | $1,800 – $1,890 | +$40 |
2. Titanium Dioxide Pigment Market Trends
- Cost squeeze remains severe: raw-material costs are still high, and TiO₂ production losses are reported as not yet relieved, supporting firm producer pricing.
- Sulfuric acid remains a key cost variable: the report notes sulfuric-acid prices are generally stable this week, but some regions saw declines in sulfur-based acid, while policy emphasis on “stable price & supply” may limit sharp upside.
- Exports improved this week as overseas buyers stocked ahead of holidays; some factories focused on destocking and kept new export quotations firm.
3. Market Forecast
- Price bias: upward. With costs still elevated and producers pushing hikes, new-order prices are expected to edge higher in the near term.
- Supply-side mixed signals: several producers have recently reduced or halted output, while larger units increased operating rates; December operating rate is expected to continue rising.
- January watchpoint: additional maintenance plans are mentioned for January, keeping market sentiment cautious but supportive for firm pricing.
- For more reports: TiO₂ Market Report
