Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The domestic ilmenite market remained firm this week. Prices for 46% grade ilmenite are about $235-$245/ton, and 38% grade ilmenite (excl. tax) is about $154-$168/ton. Production costs remain high with limited supply, while downstream titanium dioxide plants face pressure, and short-term prices are expected to remain stable.
• Imported ilmenite prices are stable: Mozambique CIF $350/ton, Vietnam FOB $290-$305/ton, Australia CIF $285-$305/ton, and Nigeria 48%-50% ore about $265-$280/ton. New inquiries are weak, and the market is under slight downward pressure.
• The high titanium slag market is weak, with northern 90% low-calcium high titanium slag at about $880/ton, down from last month. Supply is sufficient, demand is low, and the market continues to operate at a low level.

2. Titanium Dioxide Pigment Market Trends