Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium dioxide market remains under pressure with ongoing weak demand. Domestic prices for rutile titanium dioxide are around $1880-$2020 per ton, while anatase titanium dioxide is priced at $1710-$1790 per ton.
• Raw material costs, including ilmenite, remain high, with prices firm at $240-$243 per ton due to production pressure and high import costs.
• Despite the high costs, the market is experiencing limited transactions and high inventory levels, contributing to a sluggish market atmosphere.

2. Titanium Dioxide Pigment Market Trends

• The titanium dioxide pigment market is experiencing a downturn, with manufacturers facing inventory pressures and limited new order transactions.
• Large manufacturers, like LB Group, are maintaining production cutbacks due to weak demand and high raw material costs.
• The sulfuric acid market, vital for titanium dioxide production, saw some regional price adjustments, with costs ranging from $95 to $105 per ton. This contributes to the cost pressures faced by titanium dioxide manufacturers.

3. Market Forecast

• The titanium dioxide market is expected to continue facing weak demand, with prices remaining under pressure.
• Manufacturers may continue to limit production to manage inventory levels, but high raw material costs will support price stability in the near term.
• Overall, the market outlook remains cautious, with potential for further price adjustments based on demand recovery.