Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, data from SunSirs shows that domestic titanium dioxide prices remained stable this week, with an average price of 13,480 yuan per ton..

Analysis review

Last week, the domestic titanium dioxide market showed signs of stability and improvement. Domestic titanium dioxide manufacturers jointly issued price increases, with most companies raising domestic prices by 500 RMB/ton and international prices by $70/ton. Although most companies issued price increases, it would take some time for new orders to be finalized, and the market's trading atmosphere had improved compared to previous periods. As of August 22, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 12,900 and 13,800 RMB/ton; The quotation for anatase titanium dioxide was around 11,600 and 11,900 RMB/ton. Actual transaction prices were negotiated on a case-by-case basis.

Market outlook

SunSirs' titanium dioxide analysts believe that last week, leading companies issued letters raising titanium dioxide prices, signaling an improvement in market conditions. While some companies saw an increase in new orders, the overall market remained relatively stagnant. The titanium dioxide market is expected to remain stable and improve in the short term, with actual transaction prices being negotiated on a case-by-case basis.

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