Buyer Summary: The China TiO₂ Market turned firmer this week as domestic restocking improved, producer shipments strengthened, and export demand remained supportive. Firm ilmenite and sulfur-related costs continued to limit further downside. A leading TiO₂ manufacturer is reported to have a price-increase plan for next week. Based on our comprehensive assessment of demand, order conditions, raw material costs, producer behavior, and current market sentiment, we estimate approximately a 65% probability of a TiO₂ price increase next week.

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market showed a firmer tone during the week. As September progressed, downstream restocking increased, inventories began to move through the supply chain, and many producers reported improved shipments and stronger orders.
• Export demand remained relatively healthy and export quotations stayed firm, providing additional support to the domestic market.
• Market reports indicate that a leading TiO₂ manufacturer plans to raise prices next week. With shipments improving, orders increasing, and raw material costs remaining firm, price-hike expectations have strengthened noticeably across the market.
• Transactions remain differentiated by supplier and order conditions, but the market focus has clearly shifted from further price reductions toward price stabilization and potential increases.

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.

2. Titanium Dioxide Pigment Market Trends