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Taking rutile-type titanium dioxide produced via the sulfuric acid process—which sees significant sales volume in the domestic market—as an example: data monitored by SunSirs indicates that domestic market prices for titanium dioxide rose last week. The average price was 14,220 RMB/ton on Monday and 14,260 RMB/ton by the weekend, representing an increase of 0.28%.
Market Analysis
Domestic titanium dioxide prices rose last week. The upstream titanium ore market remained generally stable, with suppliers maintaining firm price quotes. On October 17, Japan initiated an anti-dumping investigation into titanium dioxide pigments imported from China; this has introduced uncertainty into the export market, leading to a cautious "wait-and-see" sentiment among sector participants. Spot market trading has been relatively subdued, with companies primarily focused on fulfilling existing orders. As of October 17, domestic rutile-grade titanium dioxide (produced via the sulfate process) was mostly quoted between 13,300 and 15,700 RMB/ton, while anatase-grade titanium dioxide was quoted at approximately 12,800-14,500 RMB/ton.
Market Outlook:
According to the titanium dioxide analyst at SunSirs, domestic market prices to titanium dioxide saw a slight uptick last week. Downstream inquiries remained sluggish, with procurement driven primarily by immediate, essential needs. In the short term, the titanium dioxide market is expected to remain stable; further observation of subsequent market developments is advised.
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