Chinese Titanium Dioxide Market Inched Up This Week (Apr 5-12, 2018)
This week, the Chinese rutile titanium dioxide market inched up. Up to April 12, mainstream negotiation prices for rutile titanium dioxide were in the range of RMB 15,800-17,800/mt. The average price was RMB 16,700/mt, up 0.39% week on week. Most producers held stable offers and the overall operating rate was stable. The downstream demand was thin and the trading was flat.
The Chinese anatase Titanium Dioxide market moved marginally this week. Up to April 12, the mainstream negotiation prices for anatase titanium dioxide were in the range of RMB 13,200-14,800/mt. The average price was RMB 14,042/mt, up 0.12% from last week. The supply was stable and the downstream demand was modest.
Forecast
The negotiation prices remained stable and the overall supply was stable. Given the flat demand, the Chinese Titanium Dioxide market was expected to be largely stable next week.
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