Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium ore (ilmenite) market is experiencing downward pressure due to high downstream cost pressures and large inventories. Prices for small and medium manufacturers range around $230-$240 per ton, while 38% grade titanium ore is priced at approximately $154-$172 per ton (excluding tax).
• Import prices for titanium ore remain stable, with Mozambique titanium ore at about $350 per ton and Vietnamese B-grade ore at $290-$305 per ton. The market for Australian ore is priced between $280-$300 per ton CIF. Despite tight supply conditions, downstream market demand is weak.
• The titanium slag market continues to see significant price declines, with high titanium slag priced at around $817 per ton, reflecting a $63 drop from the previous month due to weak demand.

2. Titanium Dioxide Pigment Market Trends