Titanium dioxide market daily report on 2024-03-22

The demand for titanium ore remains steady, with the market maintaining a tight balance between supply and demand. The miners’ quotation remains strong, and some market participants are optimistic about the future market. It is reported that the price of a major factory will increase by 150 yuan/ton (20.84 USD/ton) in April. The market for titanium slag is weak and stable. The bidding price in the north in March was reduced by 110 yuan (15.28 USD) compared to February due to high costs. High slag prices are under significant cost pressure, and market prices are running strong.

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