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Titanium Dioxide Industry Perspective Weekly-2024-11-15 to 2024-11-22

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

  • 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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Titanium dioxide market daily report on 2024-11-20

Titanium Market Summary

Here is a summary of the recent trends in the titanium market:

  • Titanium Slag:
    The tender price for 90% low calcium-magnesium high titanium slag in northern China is approximately
    USD 934.35/ton (converted from CNY 6750). The downstream market remains weak, and high titanium slag is underperforming.
    In Yunnan, high titanium slag production has significantly decreased, with most plants remaining idle.
    The tender price for 85% low calcium-magnesium high titanium slag has not been announced but is expected to decline further due to high production costs and difficult market conditions.
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Titanium dioxide market daily report on 2024-11-19

Titanium Market Summary

Here is a summary of the recent trends in the titanium market:

  • Panxi Region Plants: Some processing plants may resume operations, but challenges with raw ore and tailings disposal will likely limit future production. Import titanium ore prices remain weak and stable, with reduced domestic supply and weak supply-demand dynamics.
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