Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• The China titanium dioxide market showed stable conditions, with top manufacturers of titanium dioxide maintaining firm pricing strategies and controlling order intake ahead of seasonal holidays.
• Trading activity slowed as downstream buyers reduced purchasing, while several producers focused on fulfilling existing contracts rather than accepting new spot orders.
• Maintenance shutdown plans among multiple producers may temporarily reduce operating rates, supporting short-term market stability and tightening supply expectations.
• USD-denominated export prices are expected to continue rising, as the strengthening RMB increases pricing pressure on overseas quotations.

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

• China titanium dioxide (TiO₂) market remained stable ahead of the Lunar New Year, with most producers maintaining firm quotations despite slowing new orders.
• Pre-holiday stocking has largely concluded, and some top manufacturers of titanium dioxide have closed order intake, reducing spot liquidity and keeping market sentiment steady.
• Approximately nine producers are expected to conduct maintenance shutdowns during the holiday period, which may lower operating rates and tighten short-term supply availability.

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

• China titanium dioxide (TiO₂) market turned warming this week, with multiple producers raising prices while downstream demand stayed cautious.
• Market transactions indicate that average deal levels have moved above the prior market mean, signaling improving acceptance of higher offers.
• Approaching the Lunar New Year, logistics are slowing and producers are prioritizing contracted deliveries, reducing spot liquidity and supporting price firmness.

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

• China’s titanium dioxide market remained stable this week, with prices holding firm amid seasonally weakening demand ahead of the Lunar New Year.
• Downstream buyers have largely completed pre-holiday stocking, leading to cautious spot purchasing and slower transaction volumes.
• Despite subdued trading activity, producer inventories remain relatively low, providing solid downside support to current price levels.
• Rising production costs, particularly sulfuric acid price increases, further reinforced producers’ price discipline.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• China’s titanium dioxide market remained stable during the seasonal off-peak period, with most producers focusing on fulfilling existing orders rather than pushing new sales.
• Domestic demand softened as some downstream plants in northern China gradually entered holiday shutdowns, while earlier demand had already been partially front-loaded.
• Despite weak spot transactions, inventory levels at producers remain low, providing underlying support to current TiO₂ prices.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• After the holiday period, China’s titanium dioxide market remained generally stable, with producers maintaining firm quotations under continued cost pressure.
• Overall operating rates stayed at a relatively high level, though several producers announced maintenance plans, which may gradually tighten effective supply.
• Upstream raw-material costs, especially ilmenite and sulfuric acid, remain elevated, providing a solid cost floor for TiO₂ prices.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• China’s TiO₂ market saw a fresh price-hike wave: 24 producers issued notices, mainly citing strong cost pressure.
• Quoted hike level: +CNY 500–700/MT (≈ +$70–$98/MT at 7.15740).
• Despite hikes, buyers are still in an acceptance / adjustment phase for new orders; some producers are reported to be booked into Jan–Feb.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• This week, China’s TiO₂ market remained stable on the surface but tightening in structure, with producers maintaining firm quotations and controlling shipment pace.
• Market sentiment is increasingly shaped by strong expectations for price increases, as current pricing levels fail to fully reflect sharply rising production costs.
• Most transactions were conducted cautiously, with buyers and distributors waiting for clearer signals from top TiO₂ manufacturers before committing to larger volumes.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• This week, China’s TiO₂ market remained broadly stable, with overall quotations holding firm amid persistently high production costs.
• Producers continue to face severe cost pressure and ongoing production losses, significantly limiting their willingness to offer price concessions.
• Domestic demand remains seasonally weak, with transactions mainly driven by just-in-time purchasing rather than proactive restocking.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO₂) Market Analysis

• This week, China’s TiO₂ market recorded price increases equivalent to USD 28–98/ton, driven mainly by rising sulfuric acid and ilmenite costs.
• Producers continue to face significant cost pressure and negative margins, particularly for sulfate-route production, where sulfuric acid cost escalation is severe.
• Large TiO₂ manufacturers raised new-order quotations, though most plants remain focused on fulfilling existing contracts.
• Downstream demand is still sluggish, but producers are maintaining firm pricing thanks to strong upstream cost support and expectations of further production adjustments.
• Market sentiment remains cautious as buyers await major tender results for the month.

2. Titanium Dioxide Pigment Market Trends