The ICIS titanium dioxide (TiO2) price reports are published weekly as a global report and a CIS report. The global market intelligence gathered by our locally-based reporters, has contract prices for Europe and US and market prices for Asia.
The ICIS report contains price assessments for Russia, Ukraine, Belarus, Kazakhstan, Asia and Europe. Market intelligence is shared in the unbiased commentary in the reports and can include, analytics, news, feedstocks moves, regional updates and supply/demand trends. This reliable information can help you to make confident business choices.
Updated to Q1 2021
Supply in China has been persistently tight since the middle of 2020 and remains so in Q1 2021. Producers said they had been trying to clear a large backlog of orders in Q1, albeit without much success. Shipments were delayed as a result, causing some panic buying and exacerbating the tight supply situation.
Demand was generally stable, but tight supply meant that certain buyers were sitting on low inventories, which prompted them to be more active in the spot market. Many buyers had to accept higher prices in order to secure material. As such, they preferred to purchase in lower volumes to defray rising costs. Demand slowed slightly by end-March, after spot prices of Chinese cargoes caught up with contract prices, which were mainly for products from the west.
The market tightened during Q1, amid unseasonably high buying activity, which depleted stock levels. Uncompetitive Asian imports and shipping constraints led to increased domestic supply pressures.
Demand was unseasonably high in Q1, which is typically low season for the main downstream paints sector. This followed an atypically strong Q4. Buying activity was elevated across sectors in Q1, due to increased domestic sourcing, compared with import sourcing, and rebounding downstream markets.
North America TiO2 supply remained broadly steady during Q1 amid unseasonably strong demand, some of which was attributed to pre-buying ahead of potential price increases in Q2. Delivery lead times remain consistent and typical at 45-60 days. Concerns persist among some regional paint makers that tight supply of key paint components, including resins and colourants, might limit spring paint production, but supply of those materials appeared to be easing as the quarter ended.
Q1 demand continued to increase on healthy buying interest from the predominant architectural coatings market despite some mid-quarter slowdowns in construction and the smaller automotive market for TiO2, which were caused at least partially by petrochemical outages forced by a mid-February winter storm. Month-on-month housing starts were down in February, as were sales of existing homes and new single-family homes. Demand from the automobile coatings sector also was stymied by a global shortage of semiconductors.
We offer the following regional Titanium dioxide analysis and news coverage to keep you informed of factors and developments affecting prices in the Titanium dioxide marketplace.
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Titanium Dioxide is a pigment marketed in rutile or anatase crystalline forms. Rutile grade is the main driver, with 90% of the market compared with 10% for anatase grade.
Titanium dioxide (TiO2) occurs as odourless, colourless to white crystalline powder in two forms, anatase and rutile. Titanium dioxide is not flammable, explosive and gives no reason to fire risks.
The main use of TiO2 is as a white powder pigment used in products such as paints, coatings, plastics, paper, inks, fibres, food and cosmetics. Titanium dioxide also has good ultraviolet (UV) light resistance properties and is seeing growing demand in photocatalysts.
It is used in products such as paints and coatings, including glazes and enamels, plastics, paper, inks, fibres, foods, pharmaceuticals and cosmetics. In particular, high performance grades of TiO2 are finding a growing market in the cosmetics sector and most toothpastes use TiO2.
Titanium dioxide is produced from either ilmenite, rutile or titanium slag. Titanium pigment is extracted by using either sulphuric acid (sulphate process) or chlorine (chloride route). The sulphate process employs simpler technology while the chloride route produces a purer product.
NEW YORK (ICIS)--US-based titanium dioxide (TiO2) producer Chemours is well supplied on the raw materials front, despite industry supply chain disruptions, its incoming CEO said on Tuesday. “The...Read
The near-term North America titanium dioxide (TiO2) landscape will be dotted with signs of change – some anticipated, others perhaps not.
Among the ones to watch: