Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium dioxide market is currently experiencing a period of stabilization with weak demand. The prices for Chinese rutile titanium dioxide range from approximately $1,900 to $2,150 per ton, while anatase titanium dioxide prices are between $1,746 and $1,829 per ton.
• Despite steady prices, the market is facing challenges due to high raw material costs and significant cost pressures on manufacturers. This has resulted in limited room for further price reductions.
• Export pressures, partly due to anti-dumping measures from other countries, continue to impact the market, with the April export volume decreasing significantly.

2. Titanium Dioxide Pigment Market Trends

• The titanium dioxide pigment market remains weak, with large inventories and weak domestic demand continuing to pose challenges for manufacturers.
• There is significant pressure on enterprises due to environmental impacts and weak market demand, leading some manufacturers to reduce production or undertake maintenance, thereby decreasing the overall output of titanium dioxide.
• In the sulfuric acid market, prices have shown some increase, with the current price in Jiangsu for 98% sulfuric acid ranging from $82 to $92 per ton. This has been influenced by regional price hikes and improved transaction conditions in certain areas.

3. Market Forecast

• Weak downstream demand is expected to persist, maintaining the pressure on titanium dioxide prices.
• The market demand remains weak, suggesting that titanium dioxide prices will continue to experience pressure.
• Overall, the titanium dioxide market is expected to continue facing challenges due to supply-demand imbalances and external pressures.