SunSirs: The Domestic Titanium Dioxide Market Was Mainly Consolidating Last Week (September 15-19)

Price trend

Taking sulfuric acid-processed rutile titanium dioxide, a popular product in the domestic market, as an example, data from SunSirs showsed that the domestic titanium dioxide market remained stable last week, with an average price of 13,820 RMB/ton.

Analysis review

Last week, the domestic titanium dioxide market was primarily experiencing consolidation. As of September 19, demand was generally weak, with trading activity relatively quiet and downstream buyers showing little enthusiasm. Raw material prices remained relatively strong, and companies were offering strong prices despite cost pressures. Tianyuan, Taihai, and Guocheng had all announced price increases, but most titanium companies were still waiting and watching, and actual price formation would take some time. As of September 19, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 13,200 and 14,200 RMB/ton; the quotation for anatase titanium dioxide was around 11,700 and 12,500 RMB/ton. Actual transaction prices were negotiated on a case-by-case basis.

Market outlook

SunSirs’ titanium dioxide analysts believe the domestic titanium dioxide market primarily consolidated last week. Titanium dioxide manufacturers were facing cost pressures, leading to a strong price-supporting stance. It is expected that the titanium dioxide market will be more on the sidelines in the short term, with prices remaining firm and rising, and the actual transaction price will be negotiated on a case-by-case basis.

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