Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been stable. Current transaction prices for small and medium manufacturers are around $315-$319 per ton, while the prices for 38,42 grade titanium ore are around $229-$233 per ton (excluding tax).
• Prices for imported titanium ore have remained steady, with Mozambique titanium ore priced at around $368 per ton and Kenyan 47%-49% grade ore priced at around $362 per ton. Domestic titanium ore prices are high, and the downstream market is operating at high capacity, causing imported ore prices to remain firm.
• The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1042 per ton, a decrease of $30 per ton from last month. Due to high raw material prices, production costs for high slag are high. However, with weak downstream prices, the high slag market price may continue to be weak.
• The titanium tetrachloride market continues to operate weakly, with current market prices around $832-$902 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends