August 21 news
I. Price Trends
Taking the sulfate process rutile titanium dioxide, which has a large volume of transactions in the Chinese market, as an example, according to data monitoring, the price of titanium dioxide in China decreased this week. The average price of titanium dioxide was 14,780 CNY per ton on Monday and 14,480 CNY per ton by the weekend, a decrease of 2.03%.
2. Market Analysis
This week, the price of titanium dioxide in China has decreased. Terminal demand is weak, and there is an ample supply of titanium dioxide in the market, leading to intense competition. Some market sentiment remains bearish, and purchasing enthusiasm is low. So far, the price of sulfuric acid method rutile titanium dioxide in China is mostly quoted between 13,300 - 16,000 CNY/ton; while anatase type is around 12,800-13,000 CNY/ton, with actual transaction prices negotiated on a case-by-case basis.
III. Future Market Forecast
Titanium dioxide analysts believe: This week, the focus of China's titanium dioxide market has shifted downward. Currently, the demand from the end market is average, and the market conditions are light. It is expected that in the short term, the titanium dioxide market will be weak, with actual transaction prices negotiated on a case-by-case basis.
