Buyer Summary: The China TiO₂ Market remained weak this week, with domestic downstream purchasing and new-order activity still subdued. However, India’s ongoing anti-dumping developments have stimulated stronger order activity from Indian buyers, while producer inventories are gradually easing. Meanwhile, prolonged geopolitical tensions in the Middle East continue to keep key TiO₂ raw material costs at elevated levels, maintaining significant production cost pressure and limiting the room for another broad round of price reductions.

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market remained weak during the week, with selected producers making quotation adjustments as domestic demand stayed subdued and new-order activity remained limited. Most transactions continued to be negotiated on a case-by-case basis.
• Competition between sulfate-process and chloride-process TiO₂ remained intense, with quotations varying according to supplier inventory, cost structure, operating status, and order conditions.
• Industry operating rates remained under adjustment. Some major producers reduced output because of equipment and raw material factors, while several small and medium-sized plants continued to operate below normal rates.
• India’s ongoing anti-dumping developments concerning TiO₂ imports from China have become an important factor for the export market. Market feedback indicates stronger order activity from Indian buyers as customers respond to uncertainty surrounding future import costs and trade conditions.
• Domestic producer inventories are gradually easing as output is adjusted and export orders absorb part of available supply. This is beginning to reduce the inventory pressure that previously encouraged more aggressive price competition.

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

Buyer Summary: The China TiO₂ Market remained weak after a leading manufacturer reduced its listed prices and several other producers followed with adjustments of approximately USD 44–73/ton. Poor downstream demand, growing inventories, and intense competition continued to affect transactions, but high sulfur and sulfuric acid costs may limit the scope for further broad reductions. Buyers are likely to continue receiving differentiated, case-by-case quotations.

1. Titanium Dioxide (TiO₂) Market Analysis

• After a leading titanium dioxide manufacturer lowered its listed prices, several other producers followed with reductions of approximately USD 44–73/ton, adding further pressure to the domestic market.
• Downstream demand and purchasing activity remained weak, while shipments were generally slow. Inventories continued to rise at some plants, prompting producers to control output and contributing to a decline in TiO₂ production during July.
• Competition in the chloride-process market remained intense, with prices also moving lower. The price gap between sulfate-process and chloride-process TiO₂ narrowed, increasing market differentiation.
• Although suppliers remained under inventory and shipment pressure, high production costs limited their ability to make substantial further reductions. Most transactions continued to be negotiated individually.

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

Buyer Summary: The China TiO₂ Market remained subdued as weak downstream demand, rising inventories, and intense supplier competition continued to affect transactions. However, production reductions at more than 20 plants and prices approaching production cost levels may help prevent a broader decline. Buyers may continue to receive differentiated quotations, while the next market direction will largely depend on pricing decisions by leading manufacturers.

1. Titanium Dioxide (TiO₂) Market Analysis

• Downstream operating rates and TiO₂ purchasing demand remained low. Producers continued to face considerable shipment pressure, while increasing numbers of low-priced offers widened the price gap between suppliers.
• More than 20 TiO₂ plants reduced or suspended production during the month because of weak market conditions and equipment maintenance. Although factory inventories remained elevated, the decline in operating rates may gradually help ease supply pressure.
• Ilmenite and sulfuric acid prices softened slightly, providing limited cost relief. However, TiO₂ prices had already declined faster than raw material costs, leaving some lower-priced products close to production cost levels.
• China’s TiO₂ export market remained a significant source of support. June 2026 exports reached 185,300 tons, representing year-on-year growth of 40.43%. Total exports during the first half of 2026 reached 1.0684 million tons, up 16.56% year on year, with chloride-process TiO₂ showing stronger export performance.
• The domestic market remained highly differentiated, with transactions generally negotiated case by case. Market participants are closely watching the pricing decisions of leading titanium dioxide manufacturers, while current mainstream quotations remain broadly stable.

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

Buyer Summary: The China TiO₂ Market remained under pressure as weak downstream demand, sufficient supply, and elevated inventories continued to weigh on transactions. Falling ilmenite prices offered producers limited cost relief, while high sulfuric acid costs restricted the scope for deeper price reductions. Buyers may continue to receive differentiated and negotiable quotations in the near term.

1. Titanium Dioxide (TiO₂) Market Analysis

• Downstream demand remained weak while overall TiO₂ supply stayed sufficient. A noticeable increase in chloride-process TiO₂ output intensified competition, and anatase prices declined further during the week.
• Some sulfate-process plants in Panzhihua and Shandong reduced or suspended production because of market conditions and equipment factors. However, most other producers continued operating at full rates, leaving the market oversupplied and inventories under pressure.
• Leading titanium dioxide manufacturers kept their quotations unchanged, while other producers remained cautious as some transaction prices approached production cost levels. Most orders continued to be negotiated case by case.
• Export orders at major TiO₂ producers remained relatively healthy and helped ease part of the domestic shipment pressure, but they were not sufficient to reverse the weak overall market trend.

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

Buyer Summary: The China TiO₂ market remained weak as soft downstream demand, rising factory inventories, and abundant supply continued to pressure transaction prices. Sulfuric acid costs stayed high, but lower ilmenite prices and intense competition created further room for negotiation, so buyers may continue to see differentiated quotations in the near term.

1. Titanium Dioxide (TiO₂) Market Analysis

• The Titanium Dioxide Price continued to weaken this week, with some suppliers reducing quotations further as shipment pressure and inventory levels increased.
• The price gap between high-end and low-end TiO₂ products exceeded USD 290/ton in some transactions, reflecting significant differences in supplier inventory, cost structure, and order pressure.
• Factory inventories continued to rise while most producers maintained normal or high operating rates. One producer in Southwest China suspended production, but higher operating rates in Shandong and stable production elsewhere kept overall TiO₂ supply sufficient.
• Chloride-process TiO₂ prices also moved lower, increasing competition across the China TiO₂ Market. Most transactions remained negotiable on a case-by-case basis.

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

Buyer Summary: The China TiO₂ market remained under pressure this week as downstream demand stayed weak and producers continued to face shipment pressure. Although sulfuric acid and raw material costs remained elevated, sluggish buying activity and frequent price adjustments kept the Titanium Dioxide Price on a downward trend.

1. Titanium Dioxide (TiO₂) Market Analysis

• Weak downstream demand continued to weigh on the market. Several TiO₂ producers lowered quotations again at the beginning of the month, while leading manufacturers maintained relatively firm offers, resulting in a wider price gap across the market.
• Frequent price adjustments, intense competition, and relatively high operating rates kept the China TiO₂ Market under pressure. Most transactions continued to be negotiated on a case-by-case basis.
• Chloride-process TiO₂ continued to challenge sulfate-process products, leading to greater product differentiation and increasing competitive pressure within the market.

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

Buyer Summary: The China TiO₂ market moved lower this week as weak downstream demand, slow new orders, and rising producer inventories increased price pressure. Although sulfuric acid costs remained high, weak transactions continued to weigh on Rutile TiO₂ and Anatase TiO₂ prices.

1. Titanium Dioxide (TiO₂) Market Analysis

• The market remained in the off-season, with weak new order activity, rising producer inventories, and limited improvement in shipments even after price reductions.
• First-tier producer quotations stayed relatively firm, while second- and third-tier producer prices declined more sharply. Most transactions were negotiated on a case-by-case basis.
• China exported 152,800 tons of titanium dioxide in May 2026, up 12.63% year on year but down 21.05% month on month. From January to May 2026, cumulative exports reached around 883,100 tons, up 12.55% year on year.

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

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market experienced another round of price increase announcements this week. On June 5, LB Group announced a price increase of approximately USD 145/ton for the domestic market and USD 150/ton for international markets across all TiO₂ products.
• Following LB Group’s announcement, more than ten producers, including Xianghai Titanium, Jinhai Titanium, and Tianneng Chemical, issued similar price increase letters. As of June 10, a total of 14 TiO₂ manufacturers had announced price increases, marking the fifth industry-wide round of price hikes this year.
• Although downstream demand remains cautious, the latest collective price increase wave has strengthened market sentiment and increased expectations for further price adjustments.
• At the same time, sulfur and sulfuric acid costs surged sharply, significantly increasing TiO₂ production costs and becoming the main driver behind the industry’s latest price increase efforts.

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

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• The TiO₂ market remained weak but generally stable this week, with transaction prices negotiated on a case-by-case basis and the price gap between low-end and high-end offers widening further.
• Domestic demand weakened further as buyers remained cautious and new order intake slowed after earlier orders were delivered. Some producers lowered quotations in selected regions, while overall market transactions remained subdued.
• Although demand conditions remain soft, high sulfur, sulfuric acid, and ilmenite costs continue to place significant pressure on producers, supporting a generally firm pricing attitude across the industry.

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

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• High sulfur, sulfuric acid, ilmenite, and energy costs continued to provide rigid cost support, so producers generally maintained a firm pricing stance even as transaction prices were negotiated case by case.
• At present, the market remains in a tense stalemate: downstream buyers are purchasing cautiously, most transactions are limited to essential replenishment, and both buyers and sellers are waiting for clearer direction from raw material costs and producer pricing policies.

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