Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• Firm ilmenite, sulfur, and sulfuric acid costs continued to support TiO₂ prices, while producers still faced heavy procurement and production cost pressure.
• Downstream purchasing remained mainly demand-based and cautious after the holiday, but low inventories and existing order backlogs kept the market in a relatively tight balance.

Product	Price Index (17th Week, 2026)
Anatase	124-126
Rutile	126-128

Price Index Methodology: The Price Index is calculated based on the average prices of the top 10 producers in China, with the base value set at 100 as of January 1, 2026.

2. Titanium Dioxide Pigment Market Trends

• The recent TiO₂ market is still mainly supported by sulfur and sulfuric acid costs, while post-holiday sentiment has become more cautious and transactions have slowed somewhat.
• Current sulfuric acid prices are about USD 290–305/ton in Jiangsu, USD 196–247/ton in Shandong, and USD 234–260/ton in Yunnan.
• After the holiday, sulfuric acid prices may see some changes, as the sulfuric acid export ban has been implemented from May 1, while maintenance at major acid plants in some regions is still offsetting part of the additional domestic supply.
• Although sulfur prices fluctuated sharply after the holiday, domestic imported sulfur supply remains tight, sulfuric acid is still at a high level, and this continues to provide strong cost support for TiO₂ quotations.

3. Market Forecast

• In the short term, the titanium dioxide market is expected to remain firm at high levels, with further price increases still possible.
• Raw material costs remain the key support, and any meaningful decline in TiO₂ production costs is still unlikely in the near term.
• After May, close attention should be paid to whether export orders are affected by global ocean freight rates or international policy changes, to guard against the risk of a pullback from high levels if export momentum weakens.
• Even so, with low inventories, existing orders in hand, and continued cost pressure, TiO₂ prices are still likely to stay firm with upward potential.

Market Notice: Due to high market volatility, prices are subject to frequent adjustments. For the most accurate and up-to-the-minute data, please consult info@tinoxchem.de.

• For more reports: TiO₂ Market Report