Chinese Titanium Dioxide Market Moved Marginally This Week (Apr 20-26, 2018)
The Chinese rutile titanium dioxide market remained largely stable. Up to april 26, 2018, mainstream negotiation prices for rutile titanium dioxide were in the range of RMB 15,700-18,000/mt. The average price was RMB 16,700/mt, unchanged from last week. Producers’ offers were stable and the overall operating rate was largely stable.
The Chinese anatase Titanium Dioxide market remained stable this week. Up to April 26, 2018, 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. The operating rate was stable. The overall trading was cautious.
Forecast:
The supply and demand in the Chinese rutile Titanium Dioxide market will be stable. Raw materials prices will move weakly and the downstream demand for titanium dioxide will be flat. It is predicted that the Chinese titanium dioxide market will continue to move marginally.
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