TiO₂: Divergent Prices at End‑August, Stabilization in September
China TiO₂ market diverged in late August. Major producers cut prices moderately, while some regional mills raised prices by around USD100/MT.
Reasons for divergence
1.Costs are near floor level. Raw‑material costs remain high, with little room for further cuts.
2.Some producers focus on delivering existing orders instead of chasing new business.
3.Price‑rise expectations help accelerate customer payments.
Although prices are higher than early this year, raw‑material costs have also increased.
Key September signals
- Early bottom‑signals appear; price gaps among producers may narrow.
- Restocking demand may return as buyers expect prices to hit bottom.
- Sep‑Oct traditional peak season will bring demand support.
Outlook
September market tends to stabilize with mild upward potential. Supply still exceeds demand overall. For buyers, reliable supply matters more than the lowest offer amid market volatility. Final prices depend on volume and payment terms.
