TiO2 demand is seasonally weak, with thin buying and drifting prices. Leading producers are holding prices, while smaller players are discounting to generate cash, creating a chaotic market. No demand recovery is in sight, and short‑term weakness is expected.
High‑titanium slag was deadlocked on thin new orders, whilst acid‑soluble slag prices eased on weaker costs and downstream pressure, with the overall average edging lower.
Panxi titanium concentrate prices drifted lower on thin buying and ample supply, though low wet beneficiation plant run rates kept supply of medium‑grade ore tight. Dry beneficiation plants resisted discounting, deadlocking the market.
Key Market Developments in July 2026
- On 26 June, 2026, the EI report for Sanguan New Material's 3,000 t/a powder coatings expansion project was accepted.
- In July 2026, Guocheng Mining, Annada, and Lubei Chemical each released their semi‑annual performance forecasts for 2026.
- On 8 July, 2026, LB Sichuan released a plan for an energy‑saving technology renovation project for the crystallisation process of the sulphate‑process TiO2 production line.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB6.8067 on 1 July, 2026, sourced from the People's Bank of China.
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