Titanium dioxide market remains in a low-level stalemate, with high inventory pressure and weak demand [SMM spot titanium cargo report]

SMM reported on August 14 that the domestic titanium dioxide market prices remained in a low-level consolidation trend today. Specifically, the mainstream quotation range for rutile-type products was 12,500-13,000 yuan/mt, with an average FOB export price of $1,825/mt; the quotation for anatase-type products was 11,300-11,600 yuan/mt; and the quotation for chloride-process products was 14,300-15,300 yuan/mt, with an average FOB export price of $2,090/mt.

Currently, the titanium dioxide market has once again fallen into a low-level stalemate. According to SMM survey analysis, the main reasons for this market deadlock are: on the one hand, enterprises are facing high inventory pressure, and the overall industry operating rate remains low; on the other hand, there is a lack of stable support from the downstream demand side. This round of deadlock may continue until the end of August or the beginning of September, and it is necessary to focus on the guidance role of leading enterprises' movements on market trends in the future.