For the Quarter Ending September 2025
North America
• Steady demand from aerospace, pigments, and specialty coatings sectors sustained market activity through the quarter.
• Domestic producers operated at moderate rates amid scheduled maintenance turnarounds and logistical bottlenecks in the Gulf Coast.
• Supply balance remained tight due to constrained imports and continued preference for higher-margin export allocations.
• Feedstock availability was affected by fluctuations in ilmenite and rutile shipments, impacting operational continuity.
• Rising energy and freight costs contributed to higher conversion expenses and reduced margins across producers.
• Downstream coatings and automotive segments showed stable consumption, offsetting weaker construction-related applications.
• Buyers adopted cautious procurement strategies ahead of year-end, maintaining lean inventories amid uncertain Q4 outlooks.
• Regulatory and environmental compliance measures increased operational costs, influencing production schedules and output flexibility.
Why did Titanium Tetrachloride market conditions change in September 2025 in the USA?
• Maintenance turnarounds and limited imports constrained overall domestic supply.
• Feedstock disruptions and rising input costs affected production efficiency and delivery reliability.
• Demand from aerospace and coatings sectors remained steady, but cautious restocking and freight delays created temporary supply imbalances.
Europe
• In France, the Titanium Tetrachloride Price Index rose by 16.12% quarter-over-quarter, reflecting export demand and higher feedstock costs.
• The average Titanium Tetrachloride price for the quarter was approximately USD 2256.67/MT, reflecting elevated TiO2 margins and constrained supply.
• Titanium Tetrachloride Spot Price strengthened amid low inventories, port disruptions, and prioritization of high-margin export allocations.
• Titanium Tetrachloride Price Forecast remains cautiously positive for autumn, tempered by potential year-end buyer resistance and inventory builds.
• Titanium Tetrachloride Production Cost Trend shows upward pressure from higher energy, ilmenite feedstock tightness, and increased processing expenses.
• Titanium Tetrachloride Demand Outlook varies: automotive coatings and BEV segments support exports despite weak domestic construction demand.
• Titanium Tetrachloride Price Index volatility linked to TiO2 movements, labor disruptions, and northern European logistical constraints.
• Exporters benefited from reduced inventories and prioritized FOB shipments, while Le Havre operational issues intermittently constrained throughput.
Why did the price of Titanium Tetrachloride change in September 2025 in Europe?
• Sustained export demand from Germany and Belgium tightened supply, elevating FOB rates and pressuring domestic availability.
• Elevated TiO2 feedstock and energy costs raised conversion expenses, increasing producers' pricing and compressing margins.
• Port labor disruptions and seasonal congestion at Le Havre delayed shipments, reducing short-term supply and supporting higher prices.
APAC
• In Japan, the Titanium Tetrachloride Price Index fell by 6.78% quarter-over-quarter, reflecting weaker downstream demand.
• The average Titanium Tetrachloride price for the quarter was approximately USD 724.00/MT, reported nationally today.
• Balanced inventories and steady imports kept Titanium Tetrachloride Spot Price pressure moderate despite demand softness.
• Short-term Titanium Tetrachloride Price Forecast signals modest volatility, linked to Expo demand and automotive trends.
• Rising energy and labor costs pushed the Titanium Tetrachloride Production Cost Trend, compressing downstream margins.
• Weak coatings and construction shape the Titanium Tetrachloride Demand Outlook, prompting cautious restocking by buyers.
• Japan Price Index movements were dampened by Chinese supply competitiveness and stable TiO2 feedstock pricing.
• Logistics disruptions and port congestion affected delivery timings and influenced Titanium Tetrachloride spot market bidding.
Why did the price of Titanium Tetrachloride change in September 2025 in APAC?
• Lower downstream coatings and automotive demand reduced procurement, pressuring import offers and spot activity thereby.
• Stable TiO2 feedstock prices eased landed costs, higher energy and labor increased downstream conversion expenses.
• Intermittent port congestion and freight volatility affected delivery schedules, prompting cautious buying and inventory adjustment.
For the Quarter Ending June 2025
North America
• The Titanium Tetrachloride Price Index in North America registered a modest upward trend in Q2 2025, supported by stable demand and controlled supply fundamentals. Pricing was balanced, with no sharp fluctuations.
• Why did the price of Titanium Tetrachloride change in July 2025?
The market remained largely steady in July 2025 due to cautious procurement from downstream sectors and balanced inventory levels. There were no aggressive restocking activities as buyers waited for clearer macroeconomic signals.
• Demand from the automotive and coatings industry sustained the market, particularly with Titanium Tetrachloride’s role in Titanium Dioxide (TiO2) applications such as paints and battery materials.
• Logistics remained stable, with no major port congestion or inland freight disruptions reported across U.S. terminals, keeping landed cost pressure contained.
• The Titanium Tetrachloride Spot Price remained mostly range-bound, influenced more by feedstock trends and less by demand shocks.
• Titanium Tetrachloride Production Cost Trend showed minimal fluctuation, although some producers reported rising electricity and labor costs affecting margins.
• Titanium Tetrachloride Demand Outlook for Q3 remains neutral to slightly positive, driven by expectations of a mild rebound in industrial coatings and steady automotive paint demand.
• The Titanium Tetrachloride Price Forecast for Q3 2025 leans cautiously bullish, assuming no significant shocks in energy prices or feedstock imports.
APAC – Japan
• The Titanium Tetrachloride Price Index (CFR Osaka) was down 0.6% in April, falling sharply in May with a 3.7% decline before finishing June with a 3.23% decrease to USD 750/tonne.
• What was the reason for the significant change of price Titanium Tetrachloride in July 2025?
There was little support for market recovery as prices softened on lack luster demand in automotive coating, continued overhanging of inventory and lower shipping costs.
• May saw a continuation of the bearish sentiment, with increased low-cost Chinese imports and lackluster demand from both construction and coatings segments.
• Despite intra-Asia freight rising 15% in late June, overall landed costs remained stable due to weak TiO2 prices (-3.98%) and subdued global coatings demand.
• The Titanium Tetrachloride Spot Price in Japan was under pressure from supply abundance, even though port activity and logistics remained efficient.
• The Titanium Tetrachloride Production Cost Trend remained pressured by rising energy and labor costs, especially for downstream pigment and coating manufacturing.
• Demand was mostly stable in automotive paints, supported by a 3.7% YoY rise in May vehicle sales and an 11.3% growth for Jan–May 2025, though construction usage stayed weak.
• Titanium Tetrachloride Demand Outlook in Q3 remains moderate, supported by Japan's recovering industrial activity, but export-linked demand continues to underperform.
• The Titanium Tetrachloride Price Forecast is expected to stay soft, unless TiO2 prices rebound or construction activity sees a sustained pickup.
Europe – France
• The Titanium Tetrachloride Price Index (FOB Le Havre) saw a 7.89% rise in June 2025, ending the quarter on a strong note following earlier fluctuations.
• Why did the price of Titanium Tetrachloride change in July 2025?
July 2025 recorded a inclination in the Price Index, as low inventories, high export activity, and strong domestic demand exerted downward pressure on the market without signs of near-term improvement.
• In May, the market flipped bullishly with a 1.1% increase, driven by tight inventory levels and operational issues at key production sites. Spot transactions gained traction, tightening local availability.
• June’s bullish price movement correlated with a sharp 6.65% rise in TiO2 pricing, higher energy costs, and constrained manufacturing throughput.
• The Titanium Tetrachloride Spot Price surged in response to tight supply and firmer export demand, especially from Germany and Saudi Arabia.
• Titanium Tetrachloride Production Cost Trend remained on the rise due to elevated raw material prices (ilmenite/rutile), energy inflation, and limited feedstock availability.
• Domestic demand remained mixed, with strength in automotive-linked applications but weakness in the construction sector, where housing permits dropped by 17.4% YoY (INSEE).
• The Titanium Tetrachloride Demand Outlook for Q3 hinges on EV production trends, battery material consumption, and any policy shifts in green construction.
• The Titanium Tetrachloride Price Forecast for Q3 2025 indicates cautious optimism, although risks remain from subsidy rollbacks and feedstock cost escalation.
For the Quarter Ending March 2025
North America
In Q1 2025, the pricing trajectory for Titanium Tetrachloride (TiCl4) displayed significant volatility influenced by market dynamics along with sector-specific demand fluctuations.
The Titanium Tetrachloride market opened January with declining prices due to weak demand, particularly driven by sluggish activity in the construction sector and high inventory levels. Prices were pressured as sellers struggled to move inventory, reflecting a cautious outlook among market participants.
A shift occurred in February as key industry players-initiated price increases in response to tighter supply conditions. Despite the underlying challenges in the construction sector, a boost in automotive sales led to renewed demand for TiCl4 for coatings applications. Prices began to rise, reversing the previous month’s trend, as inventory levels tightened, and producers aimed to adjust pricing benchmarks.
The market turned bearish again in March as prices fell amid oversupply and economic uncertainties stemming from new tariff regulations. Although there was growth in automotive sales, the overall sentiment remained subdued due to concerns about inventory management and demand inconsistency.
APAC
Throughout Q1 2025, the price trend for Titanium Tetrachloride (TiCl4) in China displayed a consistent downward trajectory due to a combination of weak demand and oversupply. In January, prices fell as sellers struggled to clear inventories amidst sluggish demand from key sectors such as construction and automotive. The construction sector's downturn, marked by a notable decline in property sales and low manufacturing activity, significantly impacted TiCl4 demand.
February saw continued price erosion, driven by a further increase in supply and a lack of bulk purchasing by buyers, who were only interested in short-term restocking. The broader economic climate remained challenging, with reduced homebuilding activity further dampening market sentiments and demand.
By March, despite a slight recovery in construction and automotive sectors—with notable increases in new home transactions and vehicle sales—prices of TiCl4 still dropped considerably. This decline reflected ongoing market uncertainties influenced by recent tariff changes and a cautious buying approach. Thus, the quarterly insights highlighted a generally bearish trend for the Titanium Tetrachloride market in China during Q1 2025, characterized by weak demand coupled with persistent oversupply.
Europe
In Q1 2025, the market for Titanium Tetrachloride (TiCl4) in Europe particularly France demonstrated significant fluctuations influenced by varied demand dynamics across key sectors. January witnessed a notable price decline driven by persistently weak demand amid a contracting construction sector. High borrowing costs and inflation contributed to reduced material purchases, placing additional downward pressure on prices.
February marked a turning point, as major industry players-initiated price increases that reflected robust restocking efforts and tighter supply conditions. This shift was particularly supported by a surge in automotive sales, which enhanced the demand outlook for TiCl4, especially within paints and coatings applications. Despite a sharp contraction in the construction sector, the automotive industry's growth underpinned some market optimism.
However, by March, prices dropped again, influenced by an oversupply situation and rising uncertainties due to tariff changes. The automotive sector faced challenges, including declining sales, which impacted TiCl4 demand negatively. Overall, the quarter reflected a volatile market for Titanium Tetrachloride in France, characterized by initial price declines, a brief recovery, and subsequent bearish sentiment amidst persistent economic uncertainties.
For the Quarter Ending December 2024
North America
The North American Titanium Tetrachloride market experienced a bearish trend throughout Q4 2024, mirroring weakness in the construction sector.
In October, Titanium Tetrachloride market saw weak demand from the construction sector, indicated by decreased cement sales due to rainfall and a general economic slowdown. This translated to lower Titanium Tetrachloride prices. While November saw a slight improvement in demand for Titanium Tetrachloride due to government infrastructure projects, the overall trend in the cement industry remained sluggish, due to continued downward pressure on Titanium Tetrachloride prices.
December's data reinforced this bearish trend. The ongoing weakness in the cement industry, coupled with a significant slowdown in the residential real estate market (high mortgage rates, reduced housing starts, and slow construction spending), indicated sustained subdued demand for construction materials. The seasonal slowdown further contributed to the decline.
In nutshell, weak demand from the construction materials market indicated a downward trajectory for Titanium Tetrachloride prices throughout Q4 2024. The overall market performance reflected the significant impact of weak construction sector activity on the demand for construction-related chemicals like Titanium Tetrachloride.
APAC
The APAC Titanium Tetrachloride market, particularly in China, experienced a consistent price decline throughout Q4 2024. This bearish trend was multifaceted, stemming from several key factors.
Firstly, falling titanium dioxide prices, a key raw material, directly reduced production costs and exerted downward pressure on Titanium Tetrachloride prices. This was further compounded by weak demand from the paints and coatings sector, significantly impacted by a sluggish construction market in China. Reduced consumer confidence and post-festive season slowdown further dampened demand.
Secondly, China's Titanium Tetrachloride market faced substantial supply-side challenges. Export restrictions created domestic overcapacity, leading to price reductions to near-cost levels and widespread production cuts. Although China holds long-term competitive advantages (cost and technology), anti-dumping measures and high tariffs in other markets hampered export opportunities, worsening the oversupply situation.
Despite mixed signals in the construction sector—showing both strength in certain segments and persistent weakness in others—the overall effect in Q4 2024 was insufficient to counteract the negative forces. The result was a clear downward price trend throughout the quarter, with the short-term outlook remaining bearish.
Europe
The European Titanium Tetrachloride market experienced a volatile Q4 2024, shifting from a bullish to a bearish trend. October saw price increases driven by strong demand from the paints and coatings sector and a projected shortfall in titanium dioxide supply. High energy costs and anti-dumping measures further contributed to this upward pressure.
However, this bullish trend reversed sharply in November and December. Weak demand from the paints and coatings sector, linked to a sluggish European construction and automotive sector, became the dominant factor. Ample inventories and the traditional off-season further exacerbated the situation. Although anti-dumping duties were imposed on Chinese imports, their effect was limited as European manufacturers had already adjusted their sourcing strategies.
The result was a significant downward price pressure in the final two months of the quarter, outweighing the initial price increase in October. This demonstrated the market's sensitivity to both supply-side factors (titanium dioxide availability) and demand-side pressures (weakness in downstream sectors).
The overall quarterly trend reflected a net decline in prices despite the initial bullish start. The limited effectiveness of the anti-dumping measures highlighted the preemptive actions taken by European manufacturers in response to anticipated supply-chain disruptions.
