Chinese Titanium Dioxide Market Remained Stable This Week (Mar 9-15, 2018)
The Chinese rutile titanium dioxide market prices moved marginally. The overall operating rate was modest and the supply was ample. Downstream demand for titanium dioxide was modest. The overall trading was thin. Up to March 15, 2018, mainstream negotiation prices for rutile titanium dioxide were in the range of RMB 15,600-17,800/mt.
The Chinese anatase Titanium Dioxide moved stably. The operating rate was unchanged. Downstream users purchased goods on a need-to basis.
Forecast:
Some Chinese producers have raised the offers slightly. But the negotiation prices will be largely stable. Downstream users hold cautious attitude and the demand will be on a need-to basis. It is predicted that the Titanium Dioxide market will move marginally in the short term.
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