Price Trends
Taking rutile-grade titanium dioxide produced via the sulfuric acid process—a product with significant sales volume in the domestic market—as an example, data monitored by SunSirs indicates a decline in domestic market prices last week. The average price fell by 2.03%, dropping from 14,780 RMB/ton on Monday to 14,480 RMB/ton by the weekend.
Market Analysis
Domestic titanium dioxide market prices declined last week. Amid sluggish end-user demand and ample market supply, competition remained fierce; market sentiment leaned bearish, and buying enthusiasm was low. As of August 21, domestic quotes for rutile-grade titanium dioxide (produced via the sulfate process) mostly ranged from 13,300 to 16,000 RMB/ton, while anatase-grade quotes hovered around 12,800-13,000 RMB/ton; actual transaction prices were determined on a case-by-case basis.
Market Outlook:
Analysts at SunSirs observe that the domestic titanium dioxide market trended downward last week. Currently, demand from the end-user market is lackluster, and trading activity is quiet. The market is expected to remain weak in the short term, with actual transaction prices determined on a case-by-case basis.
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