SunSirs: The Domestic Titanium Dioxide Market Remained Stable Last Week (October 13-17)

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 the domestic titanium dioxide market remained stable last week, with an average price of 13,860 RMB/ton. 

Analysis review

Last week, the domestic titanium dioxide market stabilized. As of October 17, demand was moderate, raw material production costs remained high, and manufacturers faceed significant operating pressure. However, downstream demand was low, and new orders were falling short of expectations. The market was stagnant due to market turmoil, with many adopting a wait-and-see approach. As of October 17, domestic rutile titanium dioxide produced by the sulfuric acid process was priced between 13,200 and 14,200 RMB/ton; anatase was around 12,000-12,500 RMB/ton; and chloride-process titanium dioxide was priced between 13,600 and 16,500 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 likely consolidated last week. Upstream and downstream markets remained stagnant, with the market generally cautious and hesitant. Titanium dioxide prices are expected to remain stable in the short term, with actual transaction prices negotiated on a case-by-case basis.

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