Titanium Dioxide Price Increase
At the end of February, the titanium dioxide price market as a whole ushered in the second wave of large-scale price increases in 2025. The earliest one was on February 12, when Titanium Sea took the lead in announcing an increase of 800 yuan/ton. Nine days later, on February 21, Longbai Group announced an increase of 300 yuan/ton. Many domestic manufacturers announced concentrated price increases, and the overall range was mostly 300 yuan/ton, which was basically similar to the previous round of price increases. The willingness of various manufacturers to increase prices was relatively firm, and the price increase was basically realized.
The main difficulties faced by manufacturers are still high production costs, firm prices of titanium ore and sulfuric acid, and low general inventory. These two important reasons make price increases almost inevitable. At present, the price increase of titanium dioxide has driven up the prices of important raw materials such as titanium ore, and eaten up the profit margins that some manufacturers have struggled to make, so the production pressure of manufacturers has not been completely relieved.
The arrival of the second round of price increases does not completely indicate the release of downstream demand. Important downstream markets such as coatings, plastics, and inks still have a large room for recovery. Driven by the sentiment of buying high and not buying low, although the number of new orders has increased, they are mostly based on rigid demand and a small amount of stocking. There is a certain degree of warehouse transfer and demand overdraft, but the traditional peak season is about to start, including the large-scale start-up and increase of the start-up rate of the northern downstream market. The demand of many downstream industries is urgently needed to start, so there is still a certain positive expectation for the demand market in the future.
In addition, when the price increase comes, there are two small trends in the titanium dioxide market. First, the price of sulfuric acid method titanium dioxide is a real price increase, and the price of chlorination method is relatively stable; second, the supply of some brands of some manufacturers is tight, and the terminal receiving goods may have a small "increase in the rise".
