[smm titanium spot update: titanium dioxide market struggles to catch up, price spread narrows and competition intensifies] on august 20, the mainstream quotations for rutile titanium dioxide in the domestic market were 12,500-13,000 yuan/mt, while chlorination process products were quoted at 14,300-15,300 yuan/mt. the average fob export price also increased. recently, multiple companies collectively raised their quotations, with domestic trade prices increasing by about 500 yuan/mt and export prices by about $70/mt. however, downstream acceptance was limited, and transactions mainly occurred at original prices. currently, the price difference between first-tier and third-tier enterprises has significantly narrowed, leading to intensified homogeneous competition. the industry generally expects the traditional peak season in september to drive a substantial recovery in demand.

[SMM Titanium Spot Report: Approaching the September Peak Season, Titanium Dioxide Market Supply and Demand Improves, Price Hike Trend Heats Up!] On August 19, SMM reported that the titanium dioxide market showed a comprehensive upward trend. Rutile mainstream quotations were at 12,500-13,000 yuan/mt, with FOB export prices at $1,825/mt; anatase quotations were at 11,300-11,600 yuan/mt; and chloride process quotations were at 14,300-15,300 yuan/mt, with FOB export prices at $2,090/mt.

[MM Titanium Spot Cargo Update: Titanium Dioxide Market Shows Rising Trend, Leading Enterprises Adjust Prices] On August 18, the titanium dioxide market showed a comprehensive upward trend. Rutile mainstream quotations were at 12,500-13,000 yuan/mt, with FOB export prices at $1,825/mt; anatase quotations were at 11,300-11,600 yuan/mt; and chloride process quotations were at 14,300-15,300 yuan/mt, with FOB export prices at $2,090/mt. Starting from August 15, Panzhihua Titanium Sea Technology raised the domestic selling price of rutile and anatase by 800 yuan/mt and increased the export price by $80/mt. LB Group followed suit on August 18, raising the domestic price by 500 yuan/mt and the international price by $70/mt, mainly due to rising raw material costs. The market's upward pricing trend has been established, and subsequent attention should be paid to actual transaction feedback.

[SMM Titanium Weekly Review: Titanium Market Products Show Differentiated Performance This Week, Overall Supply and Demand in a Stalemate with a Mediocre Atmosphere] This week, titanium market products showed differentiated performance. The price of domestically produced titanium concentrate slightly rebounded due to the increase in the operating rate of downstream enterprises and the stabilization of titanium dioxide prices. Titanium dioxide, however, maintained a low consolidation, with enterprises having high inventory, low operating rates, and weak downstream demand. Titanium slag was in the doldrums, with manufacturers being cautious. The price of 90% high-titanium slag from a certain manufacturer hit a new low for the year, and production declined. Sponge titanium continued to be weak, with capacity expansion and weak demand leading to oversupply, and cost reductions driving prices down. Titanium materials were consolidating at the bottom of the price range due to weak chemical demand and supported by military demand. Overall, the market was in a stalemate between supply and demand, with a mediocre atmosphere.

[SMM Titanium Spot Cargo Update: Titanium Dioxide Market Stagnates at Low Levels amid High Inventory and Weak Demand] On August 14, the domestic titanium dioxide market continued to stagnate at low levels. Rutile-type titanium dioxide had mainstream quotations of 12,500-13,000 yuan/mt, anatase-type 11,300-11,600 yuan/mt, and chloride-process 14,300-15,300 yuan/mt. The average export FOB price remained at $1,825-$2,090/mt. Currently, the market is in a stalemate of supply and demand, mainly affected by high inventory, low operating rates, and weak downstream demand. The market may break the current deadlock when the traditional peak season arrives from late August to early September, or when leading enterprises adjust their prices.

[SMM Titanium Weekly Review: Prices Consolidate Weakly, Awaiting Recovery in September Peak Season Demand] This week, the titanium market maintained an overall weak and volatile pattern, with prices of the three major products continuing to face pressure. The titanium dioxide market consolidated at low levels, with an average price of 11,450 yuan/mt for anatase type, 12,750 yuan/mt for rutile type, and 15,000 yuan/mt for chloride process type, amid a combination of sulphuric acid cost support and hidden price wars. Sponge titanium prices continued to decline, with an average price of 50,500 yuan/mt for Grade 0, dragged down by weak end-use demand. The titanium slag market was in the doldrums, with quotes for 90% titanium slag ranging from 6,300 to 6,500 yuan/mt, under dual pressure from high raw material costs and insufficient demand. Currently, various segments of the industry chain are generally facing the dilemma of "high costs and weak demand," with a strong wait-and-see sentiment prevailing in the market. In the short term, the market may continue to operate weakly, awaiting a recovery in demand during the traditional peak season in September.

[SMM Titanium Spot Cargo Bulletin: Weak Demand Leads to Increased Inventory Pressure, Titanium Dioxide Market Under Pressure] SMM reported on July 22 that today's rutile titanium dioxide was quoted at 11,500-12,000 yuan/mt, unchanged from the previous working day. Anatase titanium dioxide was quoted at 12,800-13,300 yuan/mt, unchanged from the previous working day. Chloride-process titanium dioxide was quoted at 15,200-16,400 yuan/mt, unchanged from the previous working day.

[SMM Spot Titanium Report: Sponge Titanium Prices Fall, Titanium Material Market in the Doldrums] SMM reported on August 6 that the average price of grade 0 sponge titanium was 50,500 yuan/mt, down 1,000 yuan from the previous working day; the average price of grade 1 sponge titanium was 49,000 yuan/mt, down 500 yuan from the previous working day; the average price of grade 2 sponge titanium was 47,500 yuan/mt, down 500 yuan from the previous working day; and the average price of titanium ingot (TA1) was 57,000 yuan/mt, down 500 yuan from the previous working day.

[SMM Titanium Spot Cargo Bulletin: A New Round of Tenders Begins, Titanium Slag Remains in Low-Level Consolidation] SMM reported on August 5 that the mainstream quotations for ordinary 90 titanium slag today were 6,300-6,500 yuan/mt, unchanged from the previous working day.

[SMM Titanium Spot Cargo Report: Titanium Dioxide Prices Continue to Hit Bottom, Weak Demand Increases Destocking Pressure on Producers] Today, the titanium dioxide market continued its downward trend, with mainstream quotations for rutile-type titanium dioxide ranging from 12,200 to 13,300 yuan/mt (average FOB price of $1,825/mt), anatase-type ranging from 11,300 to 11,600 yuan/mt, and chloride-process ranging from 14,500 to 15,500 yuan/mt (average FOB price of $2,100/mt). Overall market demand remained weak, with prices fluctuating at lows and long-term contract prices continuing to decline. Downstream customers exhibited a strong wait-and-see sentiment, anticipating further price reductions to buy the dip. Producers faced significant inventory pressure, as the traditional pricing adjustment model struggled to adapt to the rapidly changing market environment, making destocking strategies crucial. SMM will continue to monitor market trends in August, anticipating that prices will remain under pressure in the short term.