Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium dioxide market remains under pressure with weak downstream demand. Some enterprises have lowered their prices for May, leading to a chaotic pricing environment. Currently, Chinese rutile titanium dioxide is priced around $1,918-$2,139 per ton, and anatase titanium dioxide is priced around $1,821-$1,877 per ton.
• Raw material costs, particularly for ilmenite, have decreased, easing some of the cost pressure on titanium dioxide production. However, the weak demand continues to exert downward pressure on prices.
• There is a significant inventory pressure on enterprises, leading some to consider production cuts or temporary shutdowns to manage excess stock levels.

2. Titanium Dioxide Pigment Market Trends