SMM reported on May 21 that today's market quotes for rutile titanium dioxide were 13,300-15,100 yuan/mt, unchanged from yesterday.
Currently, after experiencing a weak period, the titanium dioxide market has entered a phase of relative stability. Various producers have adopted their own pricing adjustment strategies to cope with the current sluggish market demand. However, lowering prices has not been able to change the overall situation of weak demand. Moreover, due to the different pricing adjustment methods adopted by various producers, significant price differences have emerged among similar products, with the maximum price spread reaching 2,000 yuan/mt.
