July 31 news, The titanium dioxide market has been showing a steady yet slightly adjusted trend recently, with minimal fluctuations in market prices. As July comes to a close, certain brands of titanium dioxide have experienced a slight price increase due to tight supply caused by maintenance works and inventory adjustments at some enterprises. It’s worth noting that with the escalating prices of raw materials such as titanium concentrate and sulfuric acid, many domestic titanium dioxide producers are facing cost pressures, leading to an increase in actual transaction prices and making it more challenging to source products at previously low prices.
This month, the export situation of titanium dioxide enterprises has shown a certain degree of differentiation. Although exports to Europe have decreased, those to India and Brazil have increased significantly compared to the previous period. However, domestic end-user demand remains sluggish, and the market is filled with a wait-and-see attitude. As companies that underwent maintenance gradually resume production, titanium dioxide output is expected to rebound, while most manufacturers’ quotations remain stable. Under the dual pressures of rising costs and weak demand, some titanium dioxide companies have adopted a temporary suspension strategy, waiting for market price increases. Nevertheless, the low-price strategy of large manufacturers has made many enterprises hesitate to raise prices, resulting in a “suspended” state of market prices.
According to the Color Masterbatch Industry Network, the current mainstream quotation for rutile titanium dioxide in the domestic market ranges from 15,000 to 16,200 yuan per ton, while anatase titanium dioxide is priced between 14,000 and 14,200 yuan per ton. Chloride process titanium dioxide is quoted between 17,000 and 18,000 yuan per ton (all prices are tax-included cash ex-warehouse prices).
Regarding the future of the titanium dioxide market, industry experts suggest that the continuous rise in titanium concentrate prices and the high sulfuric acid prices provide strong support for titanium dioxide costs. However, downstream market demand remains weak, and the shipment pressure for titanium dioxide enterprises is still significant. Both suppliers and demanders are in a stalemate, adopting a wait-and-see approach. Although the current titanium dioxide market demand may not be satisfactory, there is still some upward potential in the market in August, which is the prelude to the traditional peak season of “Golden September and Silver October.” It is expected that the titanium dioxide market will maintain stable operation in the short term, and the actual transaction price will be negotiated case by case.