Longqi's price adjustment affects the market, and the downtrend may accelerate [SMM Titanium Spot Flash]

Published: Jul 29, 2026 16:22

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[SMM Titanium Spot Flash Report: Leading Producer's Price Adjustment Impacts Market, Downward Trend May Accelerate] SMM, July 29: The titanium dioxide market showed a downward trend today. The leading producer's price adjustment affected market sentiment. The supply-demand pattern remained difficult to change for the time being, and it may continue to remain under pressure.

SMM, July 29:

Today, rutile titanium dioxide closed at 13,600-15,600 yuan/mt, down 650 yuan/mt from the previous trading day.

Affected by the leading enterprise’s proactive price reduction, market trading sentiment weakened, and quoted prices continued to decline. Supply side, although some enterprises suspended or cut production in July, the overall supply impact was limited, and most enterprises maintained full production, with the production-sales imbalance causing inventory pressure to continue accumulating. Demand side, the coatings market was in its production off-season, and seasonal factors continued to constrain prices. In the short term, the supply-demand pattern has not yet improved, and the pace of decline is expected to accelerate, influenced by mainstream enterprises’ price adjustment sentiment.

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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