Titanium dioxide market daily report on 2024-03-12

The titanium ore market is basically stable, with prices maintaining a high level. Some downstream products are under significant cost pressure due to the tight supply of titanium raw materials. Consequently, prices are expected to remain stable in the short term. The high slag titanium market is operating weakly: in March, the bid price in the north was adjusted down by 110 yuan ($15.30 USD) compared to February, affected by the impact of supply shock of rich titanium materials and the overcapacity of the high slag market. This has resulted in significant market pressure and weak stability in prices.

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