This Week's Chinese Titanium Dioxide Market Remains Stagnant (11.17-11.22)

November 21, 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, the Chinese titanium dioxide market remains stable this week, with the average price standing at 13,500 CNY per ton.

II. Market Analysis

This week, the titanium dioxide market in China has remained stable. Currently, the demand for titanium dioxide is weak, and the enthusiasm of downstream factories and traders to purchase goods is low, resulting in a relatively quiet trading atmosphere. The downstream market is also mostly waiting to see the developments at next week's exhibition. Overall, the titanium dioxide market this week remains rather sluggish. 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 remains relatively sluggish, with significant inventory pressure, high raw material costs, and severe production losses. The market's operating rate is expected to decline. It is projected that in the short term, the titanium dioxide market will remain weak and stable, with actual transaction prices to be negotiated on a case-by-case basis.