Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• China’s titanium dioxide market remained broadly stable this week. Leading producers, including LB Group, held prices firm amid rising raw material costs.
• Most top TiO₂ manufacturers face limited new orders in the second half of October, with weak transaction activity despite high operational rates and manageable inventories.

Product	Price Range (USD/ton)	Change vs Last Week
Rutile-grade TiO₂	$1,850 – $1,930	→ No Change
Anatase-grade TiO₂	$1,680 – $1,770	↓ -$30 (Low)

2. Titanium Dioxide Pigment Market Trends

• Prices of key raw materials continue to rise, with both ilmenite and sulfuric acid increasing by approximately $15–$20/ton this week, adding further cost pressure on pigment producers.
• Some southwestern producers rolled back their prices to levels prior to the recent increase, but most producers kept quotations steady amid continued cost pressure and weak demand.

3. Market Forecast

• TiO₂ prices are expected to remain firm in the short term due to persistent cost pressure from ilmenite and sulfuric acid.
• Domestic downstream demand remains weak, with limited signs of improvement. However, September export volume reached 156,300 tons, up 6.52% YoY and 12.68% MoM, providing support.
• Few new maintenance shutdowns are scheduled for November, and producer inventories remain under control, suggesting price levels may hold steady unless demand softens further.

• For more reports: TiO₂ Market Report