Buyer Summary: The China TiO₂ Market weakened further this week as the traditional off-season continued to weigh on downstream demand. Mainstream producer quotations declined by approximately USD 44–73/ton, with some manufacturers making even larger adjustments. High operating rates, increasing inventories, and weak new-order activity intensified market competition, while lower raw material prices further weakened cost support. Export-market resistance also continued to affect industry sentiment. Near-term TiO₂ prices are expected to remain under pressure, although some brands continue to maintain relatively stable quotations. The overall market direction may become clearer around mid-November.
1. Titanium Dioxide (TiO₂) Market Analysis
- The TiO₂ market continued its downward trend this week as seasonal demand remained weak. Purchasing activity from coatings, plastics, and other downstream industries was limited, with most buyers focusing on immediate requirements rather than building inventories.
- Producer quotations experienced widespread downward adjustments. Mainstream market prices declined by approximately USD 44–73/ton, following a reduction of around USD 58/ton in a leading producer’s listed price at the beginning of the week.
- Industry operating rates remained relatively high, keeping overall supply sufficient. Meanwhile, downstream demand continued to weaken, resulting in increasing inventory pressure and greater difficulties for producers in securing new orders.
- Market competition intensified as more low-priced offers emerged. Although some manufacturers continued to defend their quotations, actual transaction prices generally showed greater flexibility, with deals increasingly negotiated on a case-by-case basis.
- Export business continued to provide some support for selected producers. However, increasing overseas market resistance and uncertainty surrounding international trade conditions added further pressure to market sentiment.
| Product | Previous Week (40th Week, 2026) |
Current Week (41st Week, 2026) |
Weekly Change |
|---|---|---|---|
| Anatase | 128 | 127 | -1 |
| Rutile | 130 | 129 | -1 |
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. Current-week index figures were not provided in the available market data.