Market prices remain stable, downstream purchasing as needed [SMM Spot Titanium Report]

SMM News on June 24: Today, the price of rutile titanium dioxide is 13,000-14,300 yuan/mt, and the FOB price of rutile titanium dioxide is $1,890-1,950/mt. The price of anatase titanium dioxide is 12,000-12,600 yuan/mt, and the price of chloride-process titanium dioxide is 16,000-17,000 yuan/mt.

Currently, the overall titanium dioxide market remains in the doldrums. Some production lines on the supply side have experienced production cuts, but the overall supply remains relatively sufficient. Demand side, performance is sluggish, with cautious procurement in the domestic trade market and constraints in the export market due to factors such as trade barriers. In terms of raw material costs, domestic ore prices are relatively stable, but cost pressures still persist. The impact of changes in international geopolitical situations on the shipping environment still needs to be observed. The overall market presents an oversupply pattern, with significant differences in producer quotes. Prices for high-end products remain relatively firm, while competition for ordinary-grade products is fierce.

It is expected that titanium dioxide prices will remain in the doldrums with a fluctuating trend in the future. It is recommended to pay attention to adjustments in pricing strategies by mainstream producers at month-end and changes in market demand.