Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The market for titanium ore (ilmenite) has seen high prices, with small and medium manufacturers quoting prices between $312 and $317 per ton for 46%, 10 titanium ore, and between $336 and $350 per ton for 47%, 20 titanium ore. The price for 38% titanium middle ore is between $227 and $231 per ton (excluding tax).
- Imported titanium ore prices have remained stable. Mozambique titanium ore is priced at around $368 per ton, and Kenyan 47%-49% grade ore is priced at around $362 per ton. Despite high downstream costs, the market remains tight, and prices for imported ore continue to be firm.
- The high titanium slag market remains weak. Northern enterprises have started a new round of bidding with decreased demand compared to July. The supply of high slag remains sufficient, and market prices are low, ranging from $810 to $820 per ton. Despite high raw material costs, the price of high slag is not expected to decrease significantly.
- The titanium tetrachloride market is stable, with current market prices ranging from $882 to $953 per ton. The cost pressure from low liquid chlorine prices is alleviating, but the transaction volume remains stable, maintaining a balanced supply and demand relationship.