This Week, China's Titanium Dioxide Market Trended Downward (11.3-11.7)

November 7th, according to 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 declined this week. At the beginning of the week, the average market price was 13,860 CNY per ton, while by the weekend, the average price had dropped to 13,500 CNY per ton—a decrease of 2.6%.

II. Market Analysis

This week, the focus of China's titanium dioxide market has shifted downward. Currently, the demand for titanium dioxide is weak, with general inquiries for new orders, and downstream buyers are not very active, being cautious with actual orders. Overall, the demand is soft. The cost of raw materials for production is high, but there is a lack of effective support in the market. The operating rate of the titanium dioxide market is high, and there is some pressure on taking orders, with many in a wait-and-see attitude. As of now, the prices for sulfate process rutile titanium dioxide in China are mostly between 12,900 and 13,900 CNY per ton; anatase type is around 12,000 to 12,500 CNY per ton, with actual transaction prices negotiated on a case-by-case basis.

III. Market Forecast

Titanium dioxide analysts believe: This week, the titanium dioxide market in China has shifted downward. There is significant inventory pressure in the market, and a strong wait-and-see sentiment, leading to cautious transactions. It is expected that in the short term, the titanium dioxide market will remain weak and stable, with actual transaction prices negotiated on a case-by-case basis.