SMM, August 25. The titanium dioxide market has shown signs of recovery, with mainstream quotations for rutile type at 12,500-13,000 yuan/mt and FOB export price at $1,825/mt; anatase type at 11,500-11,800 yuan/mt; and chloride process at 14,300-15,300 yuan/mt, with FOB export price at $2,090/mt.
Titanium dioxide producers have been issuing price adjustment letters, signaling a clear bottoming out of prices to the market. Purchase willingness among downstream enterprises is gradually rebounding, and some producers have started restocking, driving a recovery in downstream demand. Low-end quotations in the titanium dioxide market are steadily rising, and the price center continues to move upward. As the traditional peak consumption season of September-October approaches, expectations for robust demand during the peak season are growing, further boosting confidence in the industry chain. The overall trading atmosphere in the titanium dioxide market has improved compared to earlier, and the industry's prosperity is expected to gradually improve.
