Market Report
1. Price Trends
- Titanium Dioxide (TiO2) prices remained mostly stable this week. Small to medium-sized factories dealt ilmenite at prices between $315-318 per ton. The prices for ilmenite of different grades varied, with 47%-20% grade priced between $324-343 per ton, and 38%-42% grade (excluding tax) quoted at $218-224 per ton.
- Due to high raw material prices, manufacturers maintained strong quotations. The high position of ilmenite prices has put pressure on the cost of downstream enterprises, causing them to be cautious in their purchases. This has resulted in a larger pressure on market shipments.