This Week, China's Titanium Dioxide Market Prices Remain Stable (8.11-8.15)

August 15th News

I. Price Trends

Taking titanium dioxide (TiO2) rutile grade produced via the sulfuric acid process, which has high sales volume in the Chinese market, as an example, data monitoring shows that the price of titanium dioxide in China remained stable this week, with an average market price of 13,480 CNY per ton.

II. Market Analysis

This week, the price of titanium dioxide in China remained stable. The market situation for titanium dioxide in China is still quiet, with some companies seeing an increase in new orders. Companies are facing cost pressures, and today Titanium Sea issued a notice to increase prices, raising them by 800 CNY/ton in China and 80 US dollars/ton abroad. The trading atmosphere in the market may improve, but the wait-and-see sentiment remains strong. As of now, the quotations for sulfuric acid method rutile titanium dioxide in China mostly range from 12,900 to 13,800 CNY/ton; anatase type is around 11,600 to 11,900 CNY/ton, with actual transaction prices negotiated on a case-by-case basis.

III. Future Market Forecast

Titanium dioxide analysts believe: This week, the titanium dioxide market prices in China have stabilized temporarily. A few companies have seen an increase in new orders. It is expected that the titanium dioxide market may recover in the short term, with actual transaction prices to be negotiated on a case-by-case basis.