Buyer Summary: The China TiO₂ Market remained under pressure this week as the expected “Golden September” demand recovery has yet to materialize. Selected producers lowered new-order prices, while overall inventories remained high. However, sulfate-process TiO₂ prices are already near low levels, some producers reported improved orders, and one manufacturer announced a price increase. These factors may help stabilize the lower end of the market, although a broad rebound is not yet supported by current demand.
1. Titanium Dioxide (TiO₂) Market Analysis
- The TiO₂ market remained weak this week. Domestic demand showed little improvement, inventories remained relatively high, and selected producers reduced new-order prices, pushing the overall transaction level lower.
- Pricing remained highly differentiated among producers. Transactions continued to be negotiated on a case-by-case basis as manufacturers faced different inventory, cost, and order conditions.
- During the week, Panzhihua Tihai announced a TiO₂ price increase of approximately USD 87/ton, and some producers reportedly saw a modest improvement in orders. This may help stabilize lower market quotations, although it does not yet indicate a broad industry-wide price increase.
- With sulfate-process TiO₂ prices already close to production cost levels for some producers, the room for another substantial market-wide reduction remains increasingly limited despite continued oversupply.
| Product | Previous Week (31st Week, 2026) |
Current Week (32nd Week, 2026) |
Weekly Change |
|---|---|---|---|
| Anatase | 127 | 127 | 0 |
| Rutile | 129 | 129 | 0 |
Price Index Methodology: The Price Index is calculated based on the average prices of the top 10 producers in China, with the base value set at 100 as of January 1, 2026.