Titanium Dioxide Market Tended To Be Stable This Week (Aug 4-10, 2017)

Rutile Titanium Dioxide Market Review

The Chinese Rutile titanium dioxide market was largely stable this week. Pressured by the environmental protection inspection, the production in Panzhihua and Shandong was influenced. The overall supply declined. Downstream users purchased titanium dioxide on a need-to basis. The mainstream negotiation prices for Rutile Titanium Dioxide were in the range of RMB 15,600-17,000/mt. Some lower dealing prices were heard below RMB 15,500/mt.

Anatase Titanium Dioxide Market Review

The Chinese anatase titanium dioxide market tended to be flat. Some producers in Southwest China were shut. The downstream demand was on a need-to basis. The mainstream reference prices were in the range of RMB 14,200-15,000/mt.

Forecast

Pressured by the environmental protection inspection, the overall operating rate is less than 50%. The overall inventory has become tight. Negotiation prices have stopped declining and become stable. It is predicted that the titanium dioxide market will be flat in the short term on the weak demand.