Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The price for Chinese rutile titanium dioxide is currently around $1972-$2083 per ton, and anatase titanium dioxide is around $1753-$1863 per ton. The prices have been adjusted upwards by multiple enterprises due to increased costs of raw materials like ilmenite and sulfuric acid.
- Enterprises are facing significant cost pressures due to high raw material prices, but the signing of new orders has increased slightly.
- Despite the increase in production rates after the Chinese New Year, there is still a cautious sentiment among enterprises due to inventory levels and market competition.
2. Titanium Dioxide Pigment Market Trends
- The market has seen 25 enterprises announcing price hikes for titanium dioxide, reflecting the strong cost pressures from raw materials.
- Production has increased following the holiday period, and some enterprises are resuming operations after maintenance, leading to a gradual rise in market activity.
- The market remains competitive, with pricing often negotiated on a per-order basis due to varying cost structures and supply constraints.
3. Market Forecast
- Ilmenite supply remains tight, and prices are expected to continue rising.
- Titanium dioxide production costs are high, but inventory pressures are manageable, so prices are expected to remain firm.
- With stable demand and controlled inventory levels, pricing is likely to remain steady in the near term.
- There are also rumors that some leading companies may announce price increases next week, which may promote the market upward.
