This Week, China's Titanium Dioxide Market Remains Stable (10.20-10.24)

October 24, 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 remained stable this week, with the average price settling at 13,860 CNY per ton.

II. Market Analysis

This week, the Chinese titanium dioxide market remained stable. Currently, the demand for titanium dioxide is weak, with general inquiries for new orders and cautious actual transactions. Some companies are still focusing on fulfilling existing orders. The high cost of raw material production, along with the market competition between upstream and downstream, has led to a relatively stagnant situation, with many players adopting a wait-and-see approach. As of now, the prices for Chinese sulfate process rutile titanium dioxide are mostly in the range of 13,200 to 14,200 CNY per ton; anatase type is around 12,000 to 12,500 CNY per ton, and chloride process is 13,600 to 16,500 CNY per ton. Actual transaction prices are negotiated on a case-by-case basis.

III. Market Forecast

Titanium dioxide analysts believe that the Chinese titanium dioxide market will remain weakly stable this week, with little inventory pressure. Market participants are largely holding steady, adopting a cautious wait-and-see approach, and transactions are being conducted cautiously. Overall, it’s expected that titanium dioxide prices will stay relatively unchanged in the short term, with actual deal prices negotiated on a case-by-case basis.