This Week, the Focus is on Consolidation in China's Titanium Dioxide Market (9.15-9.19)

September 19, 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 Chinese titanium dioxide market is mainly in a state of consolidation. Currently, the demand for titanium dioxide is moderate, with a relatively light trading atmosphere in the market, and downstream buyers are not very active. The raw material end remains relatively firm, and under cost pressure, companies are holding firm on their quotations. Tianyuan, Titanium Sea, and Guocheng have successively issued letters announcing price increases, but most titanium companies are still waiting and observing, and it will take some time for the actual prices to be finalized. As of now, the quotations for Chinese sulfate process rutile titanium dioxide are mostly between 13,200 - 14,200 CNY/ton; anatase type is 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 mainly consolidating. Titanium dioxide companies are under cost pressure and have a strong intention to maintain prices. It is expected that in the short term, the titanium dioxide market will mostly be in a wait-and-see mode, with firm and rising prices, and actual transaction prices will be negotiated on a case-by-case basis.