Titanium dioxide market daily report on 2024-04-29

The titanium ore market continues to see low interest, with companies maintaining caution in their procurement. The market’s new deal situation is weak, leading to panic among small and medium factories. The pressure to sell at high prices is significant in the market; however, Panxi’s major factories have good orders, suggesting stable prices. Titanium slag prices have rebounded: May’s high slag market bidding prices have slightly increased compared to April. The high cost of raw material titanium ore and the increase in electricity prices in Liaoning region have added to the production pressure of high slag companies. However, with the downstream market operating at high levels and firm quotes by companies, pressure on the May prices is upward.

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