Titanium Industry Chain in the Doldrums Overall, September-October Peak Season May Become a Key Variable [SMM Spot Titanium Express]

【SMM Titanium Express】Nanjing Titanium White Chemical Co. , Ltd. has issued a price adjustment notice: effective September 12,2026, the sales prices of all grades of its rutile titanium dioxide products will be increased by RMB 700 per ton, and by USD 100 per ton for all international customers. This price adjustment will remain valid until the next price adjustment notice takes effect, and the reason for the adjustment is the changes in the market of raw and auxiliary materials as well as the company's actual situation.

【SMM Titanium News】Anhui Annada Titanium Industry Joint Stock Company has issued a price adjustment letter, stating that starting from September 11,2026, the domestic sales base prices of both its rutile and anatase titanium dioxide will be increased by 700 yuan/ton, while the foreign trade sales base price will be raised by 100 USD/ton. This price adjustment will take effect on September 11 and remain valid until the next price adjustment letter is released.

[SMM Titanium Weekly Review: Market Recovery Signals Gradually Emerge, Titanium Industry Chain May Usher in a Phased Turning Point] This week, the titanium industry chain showed a divergent operating trend overall. Supply side, titanium concentrates consolidated at lows, imported ore cargoes impacted ports, traders offloaded goods to suppress the market, domestic ore had limited downside room, while titanium slag maintained a weak consolidation, with enterprises mired in losses. Titanium dioxide prices remained stable overall, expectations for the September peak season heated up, but only small-scale restocking for rigid demand occurred, industry inventory pressure persisted, raw material cost support was weak, and the market lacked upward momentum. Titanium sponge continued its pattern in the doldrums, market transactions leaned toward lower prices, upstream and downstream inventories were high, downstream buyers pushed for lower prices significantly, and trading was relatively sluggish. The titanium materials sector showed prominent structural divergence, with weak demand and insufficient operating rates for civilian titanium materials, while orders for high-end titanium materials in aviation and military applications were sufficient and supply was tight. Overall, end-use demand across the entire industry chain has not seen a substantive recovery, with support only in the high-end segment. In the short term, the titanium industry chain is likely to maintain divergent consolidation, with focus on the implementation of enterprise price adjustments and the follow-through of actual order transactions.