Market Report
1. Titanium Dioxide (TiO₂) Market Analysis
- After the holiday period, China’s titanium dioxide market remained generally stable, with producers maintaining firm quotations under continued cost pressure.
- Overall operating rates stayed at a relatively high level, though several producers announced maintenance plans, which may gradually tighten effective supply.
- Upstream raw-material costs, especially ilmenite and sulfuric acid, remain elevated, providing a solid cost floor for TiO₂ prices.
| Product | Price Range (USD/MT) | Change vs Last Week |
|---|---|---|
| Rutile-grade TiO₂ (incl. tax) | $1,970 – $2,050 | Stable |
| Anatase-grade TiO₂ (incl. tax) | $1,800 – $1,890 | Stable |
2. Titanium Dioxide Pigment Market Trends
- Cost pressure remains the main driver. Persistently high ilmenite prices continue to compress margins and discourage aggressive price competition.
- Sulfuric acid prices were largely stable this week; however, tight supply in southern regions due to plant maintenance keeps cost risks skewed to the upside.
- Starting next Monday, sulfuric acid prices in the Panzhihua–Xichang (Panxi) region are set to increase by CNY 50/MT, further reinforcing cost-side pressure on sulfate-route TiO₂ producers.
- Export demand remains relatively healthy, allowing producers to prioritize contract execution and temporarily ease inventory pressure.
3. Market Forecast
- Price outlook: stable with upward potential. If raw-material costs remain elevated and maintenance reduces supply, spot prices may see selective upward adjustments.
- Domestic downstream demand is still cautious, which may slow the pace of price transmission in the short term.
- Any meaningful price increase will depend on cost persistence and continued support from export orders.
- For more reports: TiO₂ Market Report
