Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The titanium dioxide market has seen some stabilization in prices. As of now, Chinese rutile titanium dioxide is priced between approximately $2,041 and $2,138 per ton, while anatase titanium dioxide is priced between approximately $1,820 and $1,903 per ton.
- The high cost of raw materials, including ilmenite, and increasing sulfuric acid prices have raised production costs for titanium dioxide manufacturers. Despite these pressures, top manufacturers are holding prices steady, with some even considering potential price increases.
- The market experienced a production slowdown during February due to the Chinese New Year holiday, but production has resumed in March with an expected increase of 20,000 to 30,000 tons. The operational rate is anticipated to reach around 85%.