Rutile Titanium Dioxide Market
The Chinese rutile titanium dioxide market was largely stable. Though the raw materials, ilmenite concentrate, prices went down, the influence on the titanium dioxide market was limited. The overall operating rate was stable. Downstream users purchased titanium dioxide on a need-to basis. New orders were sparse. Most producers supplied to customers contracted previously and the prices were in the range of RMB 16,500-17,000/mt. New orders were traded at the price RMB 18,500-19,800/mt. Dealing prices were negotiable.
Anatase Titanium Dioxide
The Chinese anatase titanium dioxide market remained stable this week. The supply of titanium ore was not that tight as before. Dealing prices in the market were flexible.
The overall operating rate will be around 70% and the production will be stable. The overall inventory is modest. And the demand is recovering. The titanium dioxide producers are positive about the market. It is predicted that the market price will be stable in the short term.
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