Market Report
1. Titanium Dioxide (TiO₂) Market Analysis
- China’s TiO₂ market showed a clear upward pricing shift this week as upstream cost pressures intensified, particularly from sulfuric acid and ilmenite, pushing producers into deeper negative margins.
- As of November 27, domestic sulfuric acid spot prices continued to rise, with Hunan prices for 98% acid reaching 800–900 RMB/ton and Guangdong prices at 880–950 RMB/ton.
- In response, 14 major TiO₂ producers in China simultaneously announced price increases of $100/ton for both domestic and international markets, citing cost inflation and inventory depletion concerns.
- Despite weak downstream demand, cost-push forces are expected to support a firm pricing stance across the sector in the near term.
| Product | Price Range (USD/MT) | Change vs Last Week |
|---|---|---|
| Rutile-grade TiO₂ | $1,930 – $2,010 | ▲ $100 |
| Anatase-grade TiO₂ | $1,760 – $1,850 | ▲ $100 |
2. Titanium Dioxide Pigment Market Trends