Price trend
Taking sulfate-process rutile titanium dioxide, which has a large sales volume in the domestic market, as an example, data from SunSirs shows that the domestic titanium dioxide market remained stable last week, with an average market price of 13,900 RMB/ton.
Market analysis
Last week, the domestic titanium dioxide market remained stable. As of February 6, titanium dioxide producers were still facing significant cost pressure, but demand from end-users was weak, resulting in generally sluggish sales. The market remained stable ahead of the holiday, with a somewhat stagnant atmosphere and a wait-and-see attitude prevailing. As of February 6, the quoted prices for domestic sulfuric acid process rutile titanium dioxide were mostly between 13,200 and 14,300 RMB/ton; anatase type titanium dioxide was around 12,200-12,800 RMB/ton, with actual transaction prices negotiated on a case-by-case basis.
Market Outlook:
According to analysts at SunSirs, the domestic titanium dioxide market remained stable last week. Titanium dioxide producers faced cost pressures, leading to firm pricing, but downstream buyers showed a wait-and-see attitude, focusing mainly on essential purchases. It is expected that the titanium dioxide market will remain firm in the short term, with actual transaction prices negotiated on a case-by-case basis.
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