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Price Trends
Taking rutile-grade titanium dioxide produced via the sulfuric acid process—which sees significant shipment volumes in the domestic market—as an example: data monitored by SunSirs indicates that domestic titanium dioxide prices remained stable last week, with an average price of 14,260 RMB/ton to the period.
Market Analysis
Domestic titanium dioxide prices remained stable last week. The upstream titanium ore market also held steady overall. Spot market trading was moderate, with pricing remaining flexible and driven primarily by essential demand. As of October 23, domestic rutile-grade titanium dioxide (produced via the sulfuric acid process) was largely 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
Analysts at SunSirs who track the titanium dioxide market consider that domestic prices to the product remained stable last week. With lackluster inquiries from downstream sectors, new orders are being placed with caution. It is expected that the titanium dioxide market will remain stable in the near term, with actual transaction prices determined on a case-by-case basis.
SunSirs has been continuously tracking price data to over 200 commodities to nearly 20 years, please contact support@sunsirs.com to subscription.
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