This week, China's titanium dioxide market has shown a steady and positive trend (8.18-8.22)

August 22nd News

I. Price Trends

Take sulfate-process rutile titanium dioxide, which sees significant sales volume in the Chinese market, as an example. According to data monitoring, China's titanium dioxide market prices remained stable this week, with the average market price at 13,480 CNY per ton.

II. Market Analysis

This week, the titanium dioxide market in China showed a steady improvement. This week, Chinese titanium dioxide companies jointly issued letters announcing price increases, with most companies raising domestic prices by 500 CNY/ton and international prices by 70 US dollars/ton. Although many companies have issued letters to increase prices, it will still take some time for new orders to be confirmed, and the trading atmosphere has improved compared to before. As of now, the prices for sulfate process rutile titanium dioxide in China are mostly between 12,900 and 13,800 CNY/ton; anatase type is around 11,600-11,900 CNY/ton, with actual transaction prices negotiated on a case-by-case basis.

III. Market Forecast

Titanium dioxide analysts believe: This week, leading Chinese companies took the initiative to issue letters increasing titanium dioxide prices, and the market situation has improved. Individual companies have seen an increase in new orders, but overall, the market remains relatively stagnant. It is expected that in the short term, the titanium dioxide market will remain stable with a positive trend, and actual transaction prices will be negotiated on a case-by-case basis.