Here is a summary of the recent trends in the titanium market:
Titanium Ore:
The current price for Chengde titanium ore remains stable. However, due to market pressures, some new orders for next month are expected to be priced lower.
Titanium Slag:
The tender price for 90% low calcium-magnesium high titanium slag in northern China is USD 933.48/ton (converted from CNY 6750).
With a slight decrease in the price of raw material titanium ore, the high titanium slag price remains low, and production costs continue to put pressure on the market.
Market activity remains weak, with some companies holding inventories. The tender price for 85% low calcium-magnesium high titanium slag in Yunnan has not yet been announced, but it is expected to decline.
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Below is a summary of the recent developments in the titanium market:
Titanium Ore:
Titanium ore prices remain weak but stable. The market is in a state of supply-demand negotiation, with sellers adopting a wait-and-see attitude.
Many are awaiting the December pricing decisions from major Panxi producers.
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The domestic titanium dioxide market continues to be sluggish, with current prices for Chinese rutile titanium dioxide are around $2112-$2180 per ton, and anatase titanium dioxide is around $1967-$2022 per ton.
October’s titanium dioxide exports reached 154,300 tons, marking a 5.14% month-on-month increase. However, November’s export orders have seen a decline due to weakening global demand, leading to inventory pressure for manufacturers.
Raw material costs, including sulfuric acid and ferrous sulfate, have risen, but ilmenite prices have only slightly decreased, pushing some producers to operate near cost lines.
2. Titanium Dioxide Pigment Market Trends
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