China's Magnesium Exports Up 3,400 Tons YoY in Jan-Feb 2026, Positive Start to the Year

[SMM Titanium Dioxide Spot Report: Titanium dioxide market remains in the doldrums, with cost support and weak demand in a tug-of-war] SMM, July 21: Currently, the titanium dioxide market remains in the doldrums. The actual order signing price in the Panxi region has fallen to around 14,000 yuan/mt, with deals negotiated on an individual basis. On the supply side, operating rates are diverging. High sulphuric acid costs provide support, but downstream sectors such as coatings and plastics are in their off-season, demand is sluggish, and purchasing remains largely wait-and-see. In the short term, July and August are unlikely to see significant improvement. A phased recovery is expected from mid-to-late August to September, but the rebound will be limited.

[SMM Titanium Flash News] On July 21st, according to industry media reports, Anada released its performance forecast for the first half of 2026, achieving a net profit of 41.5 million yuan to 61.5 million yuan, successfully turning a loss of 26.27 million yuan from the same period last year into a profit. The company simultaneously announced that it will launch an integrated project with an annual output of 150000 tons of rutile titanium dioxide and 300000 tons of battery grade iron phosphate in Tongling, Anhui, with a total investment of nearly 3.3 billion yuan. This project utilizes ferrous sulfate heptahydrate, a byproduct of titanium dioxide, as the core raw material for iron phosphate, achieving 100% self-sufficiency in raw materials and bridging the upstream and downstream loop between traditional chemical and new energy materials. With the gradual release of the synergistic effect of dual main businesses, the integrated model of titanium dioxide enterprises relying on by-product resources to enter the new energy track is expected to become the mainstream direction of industry transformation.