Titanium Dioxide Industry Perspective Weekly-2024-10-18 to 2024-10-25
Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The titanium dioxide market is relatively stable, with prices for current prices for Chinese rutile titanium dioxide are around $2112-$2252 per ton, and anatase titanium dioxide is around $2009-$2064 per ton.
- Domestic downstream markets are weak, leading to increased pressure on enterprises to sell their stock. Additionally, environmental inspections and mining permit issues have tightened the supply of titanium ore, contributing to high raw material costs.
- Exports of titanium dioxide remain strong, supporting high production levels despite domestic market challenges.
2. Titanium Dioxide Pigment Market Trends
- The titanium dioxide pigment market remains weak. Enterprises face significant inventory pressure due to sluggish domestic demand, and there is cautious purchasing behavior among buyers.
- Despite high production costs, export markets are providing some support, allowing for high operational rates among manufacturers.
- Some top manufacturers may offer discounts to distributors to stimulate demand, and there may be price adjustments by other producers in the future.
3. Market Forecast
- Due to weak downstream demand, titanium dioxide prices are expected to remain stable with a slight weakness.
- The market for titanium dioxide pigments will likely continue to be weak due to ongoing demand softness.
- The imbalance in the supply and demand of sponge titanium will keep prices weak.
Titanium Dioxide Industry Perspective Weekly-2024-10-18 to 2024-10-25
https://tio2.info/2024/10/25/Titanium-Dioxide-Industry-Perspective-Weekly-2024-10-18-to-2024-10-25/