SMM reported on July 16 that today's quotes for anatase titanium dioxide were 11,500-12,000 yuan/mt, unchanged from the previous working day. Rutile titanium dioxide quotes were 12,500-13,600 yuan/mt, also unchanged from the previous working day. Chloride process titanium dioxide quotes were 15,400-16,800 yuan/mt, remaining flat compared to the previous working day.
The domestic titanium dioxide market continues to exhibit a weak trend. Following the previous price reductions of titanium dioxide, downstream enterprises engaged in moderate low-price restocking, driving a brief rebound in market transactions. However, due to the seasonal demand weakness in the architectural coatings industry, overall procurement volumes remain low. Meanwhile, some large-scale producers maintain high capacity utilization rates, resulting in sustained pressure on factory inventory levels. It is noteworthy that recent raw material ore prices have stabilized, and sulphuric acid prices have fluctuated at highs, significantly strengthening the cost support. Consequently, producers lack the motivation to further reduce product prices in the short term.
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