Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• China’s TiO₂ market became increasingly volatile this week as cost pressure surged and mixed signals emerged regarding production cuts and pricing intentions.
• Rising sulfuric acid and ilmenite costs pushed TiO₂ production into deeper losses, with estimated negative margins of $210–$280/ton per ton of pigment produced.
• Despite weak demand, major producers — including LB Group and other top TiO₂ manufacturers — kept quotations firm, and some plants in Shandong and Jiangsu raised prices by $28–$42/ton due to cost pressure.
• Meanwhile, a few producers issued small price cuts earlier in the week, reflecting the ongoing tug-of-war between cost-push pressure and declining demand.

2. Titanium Dioxide Pigment Market Trends