The titanium dioxide market remains weak with continued price reductions by some enterprises. As of now, the price for Chinese rutile titanium dioxide is approximately $1,918-$2,139 per ton, and anatase titanium dioxide is around $1,822-$1,876 per ton.
There is a significant inventory pressure due to weak demand, leading some companies to reduce or halt production.
Raw material costs have decreased slightly, providing some relief to production costs, but the overall market sentiment remains bearish.
2. Titanium Dioxide Pigment Market Trends
The titanium dioxide pigment market continues to face challenges with weak demand. Some enterprises have announced further price reductions for May, leading to chaotic market pricing.
There is a notable impact from high inventory levels and environmental factors, which have prompted some enterprises to maintain reduced production levels.
The sulfuric acid market, which is a key component in titanium dioxide production, shows mixed trends. Prices in certain regions have fluctuated, with some areas experiencing a decrease due to weak demand from downstream industries such as phosphates and titanium dioxide.
3. Market Forecast
Due to weak downstream demand, the prices of titanium dioxide are expected to remain under pressure.
The overall market demand remains weak, and titanium dioxide prices are likely to continue on a downward trend.
There is an expectation that the supply-demand imbalance in the titanium market will persist, keeping prices weak.
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