I. Price Trends
Take rutile titanium dioxide, produced by the sulfuric acid process, a popular product in the domestic market, as an example. According to data from SunSirs, domestic titanium dioxide prices remained stable last week, with an average price of 13,480 RMB/ton.
II. Market Analysis
Last week, domestic titanium dioxide prices remained stable. While the domestic titanium dioxide market remained sluggish, some companies saw an increase in new orders, putting pressure on their costs. Today, Titanium Sea issued a price increase: 800 RMB/ton for domestic titanium dioxide and $80/ton for international titanium dioxide. While market sentiment may improve, a wait-and-see attitude remains strong.
Currently, domestic rutile titanium dioxide prices are mostly quoted between 12,900 and 13,800 RMB/ton; anatase prices are around 11,600 to 11,900 RMB/ton. Actual transaction prices are negotiated on a case-by-case basis.
III. Market Forecast
Titanium dioxide analysts at SunSirs believe that domestic titanium dioxide market prices remained stable last week. New orders from some companies increased. The titanium dioxide market is expected to rebound in the short term, with actual transaction prices subject to negotiation on a case-by-case basis.
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