Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market experienced another round of price increase announcements this week. On June 5, LB Group announced a price increase of approximately USD 145/ton for the domestic market and USD 150/ton for international markets across all TiO₂ products.
• Following LB Group’s announcement, more than ten producers, including Xianghai Titanium, Jinhai Titanium, and Tianneng Chemical, issued similar price increase letters. As of June 10, a total of 14 TiO₂ manufacturers had announced price increases, marking the fifth industry-wide round of price hikes this year.
• Although downstream demand remains cautious, the latest collective price increase wave has strengthened market sentiment and increased expectations for further price adjustments.
• At the same time, sulfur and sulfuric acid costs surged sharply, significantly increasing TiO₂ production costs and becoming the main driver behind the industry’s latest price increase efforts.

Product	Price Index (22nd 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 prices continued to rise as sulfur prices surged to unprecedented levels, with domestic sulfur port prices reaching approximately USD 1,742/ton.
• Current sulfuric acid prices are about USD 436/ton for 98% sulfur-based acid in Shandong, USD 399–436/ton in Zhejiang, and USD 225–232/ton for 98% smelting acid in Henan.
• Ongoing geopolitical tensions in the Middle East, restricted sulfur supply, and low sulfuric acid inventories continued to support the market, resulting in additional sulfuric acid price increases of approximately USD 15–58/ton during the week.
• As sulfuric acid production costs increased sharply, many TiO₂ producers adjusted their raw material sourcing strategies, increasing purchases of smelting acid and pyrite-based acid to manage production costs.

3. Market Forecast

• The fifth industry-wide round of TiO₂ price increases has strengthened market expectations for further upward price adjustments, especially as leading producers continue to show a clear willingness to defend prices.
• Persistently high sulfur, sulfuric acid, and ilmenite costs continue to place significant pressure on producers, increasing the likelihood of additional price adjustment efforts in the coming weeks.
• Although downstream buyers remain cautious, purchasing activity may gradually improve as overseas customers enter a new budgeting and procurement cycle during the second half of the year.
• Looking ahead, August is traditionally one of the stronger demand periods for the TiO₂ industry, and seasonal restocking activity may provide additional support for producer pricing initiatives.
• Overall, the TiO₂ market is expected to remain firm, with further price increases possible if raw material costs remain elevated and the latest producer price initiatives gain broader market acceptance.

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