Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium dioxide market has seen a collective price increase among domestic manufacturers, with 13 companies announcing adjustments. The price increase ranges from $41 to $69 per ton.
• Current prices for rutile-type titanium dioxide in China are approximately $1,947 to $2,084 per ton, while anatase-type titanium dioxide prices are around $1,754 to $1,864 per ton.
• Export demand remains strong, and domestic order intake is healthy. However, there is a tight supply of titanium dioxide, with some companies controlling order intake. This tight supply, coupled with high raw material costs, is expected to drive prices upward.

2. Titanium Dioxide Pigment Market Trends

• The market is experiencing a price surge, partly due to the tight supply and strong export performance. Companies are preparing for potential supply constraints during the Chinese New Year due to planned maintenance shutdowns by some manufacturers.
• The LB Group, one of the top manufacturers, is among those adjusting prices due to the high cost of raw materials and strong market demand.
• Internationally, the price of titanium dioxide has also been adjusted upwards, with price increases announced in Europe.

3. Market Forecast

• As the supply of titanium ore remains tight and demand for titanium dioxide continues to be strong, prices are expected to rise further.
• With high raw material costs and robust export markets, the pricing pressure on titanium dioxide is likely to persist.
• Companies may face increased production costs, but the demand will likely sustain prices at elevated levels.