Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market remained weak but generally stable this week, with transaction prices negotiated on a case-by-case basis and the price gap between low-end and high-end offers widening further.
• Domestic demand weakened further as buyers remained cautious and new order intake slowed after earlier orders were delivered. Some producers lowered quotations in selected regions, while overall market transactions remained subdued.
• Although demand conditions remain soft, high sulfur, sulfuric acid, and ilmenite costs continue to place significant pressure on producers, supporting a generally firm pricing attitude across the industry.

Product	Price Index (21st Week, 2026)
Anatase	135-135
Rutile	137-137

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

• Sulfuric acid costs continued to provide strong support to TiO₂ production economics as sulfur prices surged to record highs, with port sulfur transactions reaching approximately USD 1,220/ton.
• Current sulfuric acid prices are about USD 240–254/ton for 98% smelting acid delivered in Guangxi, USD 235–261/ton in Hubei, and USD 240–261/ton in Guizhou.
• Domestic sulfuric acid inventories remained low due to ongoing maintenance shutdowns at several plants, while additional maintenance activities further tightened regional supply.
• Although downstream phosphate fertilizer demand remained cautious, demand from chemical and new energy sectors continued to provide support, keeping sulfuric acid prices at elevated levels and maintaining significant cost pressure on TiO₂ producers.

3. Market Forecast

• In the short term, the TiO₂ market is expected to remain stable but firm, supported by persistently high sulfuric acid, sulfur, and ilmenite costs.
• Demand-side weakness may continue to pressure transaction activity, but high production costs are expected to limit significant price declines.
• The market is closely watching for potential pricing announcements from top manufacturers of titanium dioxide, which could provide clearer direction for future market sentiment.
• Overall, TiO₂ prices are expected to remain largely stable, with cost support continuing to offset weak downstream demand.

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