This Week, China's Titanium Dioxide Market Remains Stable (9.8-9.12)

September 12, News

I. Price Trends

Take sulfate-process rutile titanium dioxide, which enjoys high sales volume in the Chinese market, as an example. According to data monitoring, the Chinese titanium dioxide market remained stable this week, with the average price settling at 13,820 CNY per ton.

II. Market Analysis

This week, the titanium dioxide market in China has stabilized. Currently, the demand for titanium dioxide is moderate, and there has been no significant improvement in the end-user market. The trading atmosphere within the market is relatively quiet, and downstream buyers are not very active in purchasing. However, under cost pressure, companies are holding firm on their quotes, leading to a standoff between upstream and downstream markets. The market is mostly in a wait-and-see mode, with cautious transactions. As of now, the quotations for sulfate process rutile titanium dioxide in China mostly range between 13,200 - 14,200 CNY/ton; while anatase type ranges around 11,700 - 12,500 CNY/ton, with actual transaction prices negotiated on a case-by-case basis.

III. Market Forecast

Titanium dioxide analysts believe: This week, the Chinese titanium dioxide market is temporarily stable and consolidating. Titanium dioxide companies are under cost pressure, with firm quotations. The market is mainly in a wait-and-see mode. It is expected that in the short term, the titanium dioxide market will remain temporarily stable and observant, with actual transaction prices negotiated on a case-by-case basis.