SMM reported on July 1st that today’s market quotes for rutile titanium dioxide are 13,000-14,300 yuan/mt, and for anatase titanium dioxide are 12,000-12,800 yuan/mt, unchanged from the previous working day.
LB Group issued a notice today regarding the latest price adjustment: dealer quotes have been reduced by 200-500 yuan/mt, with the prices of chloride process products remaining stable. New order prices for July have been adjusted sequentially, with mainstream price adjustments falling within the range of 300-500 yuan/mt. On the raw material side, titanium ore and sulphuric acid prices have stabilized at highs. Supported by costs, there is limited room for titanium dioxide prices to decline. In the coming week, price competition may lead to market chaos, increasing survival pressure for small and medium-sized producers. Market participants need to adjust their strategies promptly to cope with changes.
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