Titanium dioxide market daily report on 2023-11-08

The bidding price for low-calcium, high-titanium slag from northern companies this month is $1,056.94/ton, a decrease of $13.74/ton from last month. The price of high slag remains low, and companies are under significant production pressure due to the sustained high cost of raw materials.

The market quotation for titanium tetrachloride is $851.99-$906.81/ton, indicating some loosening in the cost price of titanium tetrachloride. However, demand in downstream industries such as sponge titanium and pearl pigment is relatively weak. Titanium tetrachloride demand is poor, and high-priced transactions are under pressure. The market transaction price is in a state of chaos.

The mainstream quotation for first-grade civilian sponge titanium in the market is around $7,414.81-$7,553.39/ton. Despite the high cost price, sponge titanium companies maintain firm quotations. However, end demand is weak, and new order transactions are under pressure. Sponge titanium manufacturers have some inventory, with the mainstream transaction price at $7,004.10/ton. The sponge titanium market is operating stably but weakly.

Today’s price index for titanium dioxide is 2319, a decrease of 3 from yesterday. The titanium dioxide market still faces shipping pressure, and inventory has increased for some manufacturers. The titanium dioxide market price is chaotic, and some manufacturers began equipment maintenance this week. The market is in a wait-and-see atmosphere, and prices are negotiated on a case-by-case basis.