Titanium Dioxide Market Continues to Diverge, Cost Expectations Pull Back to Suppress Future Price Increases [SMM Titanium Spot Report]

Published: Jan 22, 2026 18:33
[SMM Titanium Spot Report: Titanium Dioxide Market Continues Divergence, Cost-Side Pullback Expectations Weigh on Future Gains] SMM January 22 – Today, the average price of anatase titanium dioxide stood at 12,200 yuan/mt, while rutile titanium dioxide averaged 13,300 yuan/mt. This week, the market showed structural divergence: anatase prices remained stable with a weakening trend, pressured by sluggish downstream demand and oversupply, pushing actual transaction prices down to 12,200 yuan/mt or lower. Rutile titanium dioxide saw support from short-term maintenance, pre-holiday restocking, and export deliveries, with its floor price temporarily holding at 12,800 yuan/mt. Overall, end-use demand remains insufficient. Moreover, as sulphuric acid costs come under control and are expected to pull back, titanium dioxide’s upward momentum appears limited, and the market is likely to consolidate in the near term.

SMM January 22 news, domestic titanium dioxide prices today: anatase titanium dioxide was quoted at 12,000-12,400 yuan/mt, averaging 12,200 yuan/mt; rutile titanium dioxide was quoted at 12,800-14,200 yuan/mt, averaging 13,300 yuan/mt; and chloride process titanium dioxide domestic quotations were 13,600-17,000 yuan/mt, averaging 15,300 yuan/mt.

Anatase titanium dioxide prices were stable with a weakening trend this week. Current market offers are in the range of 12,300-12,400 yuan/mt, but due to tepid downstream response and overall market oversupply, the mainstream transaction prices have pulled back to 12,200 yuan/mt and below, reflecting still insufficient support from end-use demand.

For rutile titanium dioxide, supported by factors including supply tightness due to maintenance at some producers this month, pre-Chinese New Year restocking initiation, and the delivery cycle commencement for previous export orders, the current market floor price has temporarily stabilized around 12,800 yuan/mt. However, as cost side sulphuric acid prices are gradually being controlled and there are expectations for a pullback, the overall titanium dioxide prices may come under pressure subsequently, with upward momentum expected to be limited, and the market is likely to be dominated by consolidation.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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