Titanium Dioxide Prices Stabilize with Potential for Increase, Sponge Titanium Remains Stable at Low Levels [SMM Monthly Titanium Data]

Published: Aug 28, 2025 16:15

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[Monthly SMM Titanium Data: Titanium Dioxide Prices Stabilize and Poised to Rise, Sponge Titanium Prices Stabilize at Low Levels] According to SMM data, in August 2025, China's titanium dioxide production was down 2.10% MoM, and sponge titanium production decreased by 9.39% MoM, indicating a downward trend for both major titanium products. The titanium dioxide market continued with its production cuts strategy; nearly 30 producers adjusted prices mid-August, raising the domestic average price by 500 yuan/mt and the US dollar average price by $50/mt. The effects of production cuts are now evident, inventory has been cleared, and downstream demand is recovering, halting the market's decline. It is expected that as essential demand returns in September, prices will steadily increase, with the sulphuric acid method already seeing a slight rise of 200 yuan/mt, while the chloride method remains at low levels due to inventory pressure. In the sponge titanium sector, some companies responded to the "anti-rat race" policy, planning to cut production by 30% to control capacity. Meanwhile, earlier overcapacity and insufficient demand led to price declines; although actual production cuts were lower than planned, the price pullback slowed this month, and it is anticipated that prices will remain at low levels in September.

Titanium Dioxide

According to SMM data, China's titanium dioxide production in August 2025 decreased by 2.10% MoM.

In this month, the titanium dioxide market continued with its production cut strategy. After mid-August, nearly 30 titanium dioxide producers collectively issued price adjustment letters, raising prices for all models of titanium dioxide, with an average increase of 500 yuan/mt for domestic prices and $50/mt for US dollar prices. Currently, the effects of previous production cuts have gradually become evident, with inventories at various producers being effectively cleared. Coupled with a steady recovery in downstream demand, the previous downward trend in the titanium dioxide market has successfully been halted. Looking ahead to September, as market demand gradually returns, it is expected that titanium dioxide prices will enter a steady upward channel. From the current market performance, the price of sulphuric acid process titanium dioxide has already slightly increased by about 200 yuan/mt; while the price of chloride process titanium dioxide remains in a low consolidation phase due to unresolved inventory pressure.

Sponge Titanium

According to SMM data, China's sponge titanium production in August 2025 decreased by 9.39% MoM.

In this month's sponge titanium market, some enterprises actively responded to the national "anti-rat race" policies, implementing production cut measures with plans to reduce production by 30%, aiming to proactively control market capacity. Another significant reason is that after a substantial expansion of sponge titanium capacity earlier, downstream demand could not absorb the surplus supply, leading to a weak downward trend in market prices. According to SMM survey data, the actual reduction in sponge titanium production this month was slightly lower than the announced plan. This phenomenon mainly stems from the multifaceted cost adjustments involved in production cuts, which require a certain cycle for implementation and cannot be fully realized quickly. However, it is worth noting that the downward trend in sponge titanium prices has gradually eased this month. Considering the current market situation, it is expected that sponge titanium prices will remain at a low level in September.

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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