It is expected that the implementation of rutile titanium dioxide market manufacturers will be stable this week, the new single quotation of the production link will be firm, the supply of low-cost goods will be reduced, and the reference range of the overall market transaction will rise slightly. It is expected that the market transaction reference is 15200-16200 yuan/ton, and the weekly average price may refer to 15600 yuan/ton. In addition, considering the difference of orders received by different manufacturers, some manufacturers may still have 300-500 yuan/ton of negotiation room. On the demand side, most buyers still have inventory to use, so the current new batch transaction intention is not strong; On the supply side, some producers are expected to increase the load next week, so the industry time output may be slightly increased. On the whole, it is expected that the overall trading range will rise slightly next week, but most producers will adjust the real single negotiation range according to their own orders, and the new single stable price of mainstream producers.

The European region struggled with the rising inflation that caused energy prices to rise leading to higher production costs thereby, negatively impacting the prices of titanium dioxide. The transportation routes were further disrupted along with the uncertainties in the construction and automotive industries. In addition to this, the offtakes and purchasing behaviour of the end-user consumers also declined, fueling the declining price trendss for titanium dioxide.