# Titanium dioxide: Trading

What a tonne of white pigment costs in India and America

Source page: https://www.materialinsights.org/chemicals/titanium_dioxide/trading/

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

#### Who buys, and where

- Paint makers (Asian Paints, Berger, AkzoNobel, Sherwin-Williams, PPG, Nippon Paint)
- Masterbatch and plastics compounders
- Decor paper makers

#### Who sells, and from where

- Chinese producers (LB Group and others)
- Chemours, Tronox, Kronos
- Distributors and traders in India and Southeast Asia

#### Price benchmarks

| Benchmark | Publisher | Basis |
|---|---|---|
| **China rutile TiO2 ex-works price** | SunSirs; SMM | daily or weekly |
| **US TiO2 unit value** | USGS | annual |

#### Exchanges

| Venue | Contract | Notes |
|---|---|---|
| **none** | no futures | Contract and spot sales; quarterly price announcements by Western producers |

#### Contract types

- Annual or quarterly contracts with global paint makers
- Spot sales through distributors
- Grade-specific qualified supply

#### Traders and distributors

- Regional distributors; few global traders

#### How Indian buyers price it

- Indian buyers price at import parity from China plus customs duty and, when in force, anti-dumping duty.
- DGTR recommended $460-681/t on Chinese TiO2 (Feb 2025); the May 2025 notification was quashed by the Calcutta High Court on 22 Sep 2025 and collection stopped in Dec 2025; fresh final findings on 3 Aug 2026 kept the same rates, and the Finance Ministry re-imposed them for five years in October 2026, with Notification No. 25/2026-Customs (ADD) rescinding the quashed 2025 notification (ChemAnalyst; European Coatings; TaxGuru, 24 Oct 2026).
- The duty adds about 19% (LB Group rate) to 28% (residual rate) to landed cost (ChemAnalyst).

#### Recent price points

| Date | Price | Basis | Source |
|---|---|---|---|
| 2025 | **$3,200/t** | US average unit value | USGS MCS 2026 |
| DGTR investigation period (2023-24) | **about Rs 2.05 lakh/t (about $2,466/t)** | landed India from China | ChemAnalyst (2026) |

#### Good sources to follow
[USGS Titanium statistics and information](https://www.usgs.gov/centers/national-minerals-information-center/titanium-statistics-and-information)free research site · US Geological Survey

Pigment capacity, US output, trade and prices
[European Coatings: titanium dioxide news](https://www.european-coatings.com/tag/titanium-dioxide)free newsletter · European Coatings (Vincentz Network)

TiO2 plant sales, closures, duties and substitutes
[The Metalnomist](https://www.metalnomist.com/)free blog · Independent metals blog

Chinese titanium and pigment producers, LB Group
[ChemAnalyst news](https://www.chemanalyst.com/NewsAndDeals/NewsDetails/indian-paint-association-loses-ground-as-tio2-duty-comes-43706)freemium research site · ChemAnalyst

Indian chemical prices and trade remedies
[Iluka Resources quarterly reviews](https://announcements.asx.com.au/asxpdf/20260129/pdf/06vp20d6h38wdd.pdf)free research site · Iluka Resources

Feedstock volumes and prices

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/titanium_dioxide/index.md)
- [Overview](https://www.materialinsights.org/chemicals/titanium_dioxide/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/titanium_dioxide/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/titanium_dioxide/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/titanium_dioxide/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/titanium_dioxide/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/titanium_dioxide/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/titanium_dioxide/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/titanium_dioxide/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/titanium_dioxide/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/titanium_dioxide/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/titanium_dioxide/links/index.md)