SunSirs: The Domestic Titanium Dioxide Market Remained Stagnant Last Week (November 17-21)

Price trend:

Taking sulfuric acid process rutile titanium dioxide, which has a large sales volume in the domestic market, as an example. According to data monitoring by SunSirs, the domestic titanium dioxide market was temporarily stable last week, with the average price at 13,500 RMB/ton.

Market Analysis

The domestic titanium dioxide market remained stable last week. As of November 21, demand was weak, with downstream factories and traders showing little interest in purchasing, resulting in a quiet trading atmosphere. Downstream markets were also largely observing the developments at next week's trade show. Overall, the titanium dioxide market remained sluggish last week. As of November 21, domestic sulfuric acid process rutile titanium dioxide was mostly quoted between 12,900 and 13,900 RMB/ton; anatase titanium dioxide was around 12,000 to 12,500 RMB/ton, with actual transaction prices negotiated on a case-by-case basis.

Market Forecast:

According to analysts at SunSirs, the titanium dioxide market remained sluggish last week, with significant inventory pressure, high raw material costs, and severe production losses for companies, leading to a decline in market operating rates. It is expected that the titanium dioxide market will be weak and stable in the short term, with actual transaction prices negotiated on a case-by-case basis.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.