Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has remained relatively stable, but there are indications of potential price increases due to tight supply and high production costs. Prices for domestic titanium ore have been rising, with current rates for small and medium manufacturers ranging from approximately $270-$284 per ton, and 38-grade titanium mid-ore priced at around $194-$198 per ton (excluding tax).
• Imported titanium ore prices are stable, with Mozambique titanium ore priced at approximately $368 per ton and Kenyan 47%-49% grade ore at around $362 per ton. Despite the high prices of domestic titanium ore, there is an increased demand for imported ore as domestic supply remains constrained.
• The high titanium slag market has seen a slight increase, with prices for 90% low calcium and high titanium slag at approximately $961 per ton. Production costs remain high due to increased prices of raw materials, which continue to exert pressure on market prices.

2. Titanium Dioxide Pigment Market Trends