Author Archives: tio2pro

Titanium dioxide market daily report on 2024-05-14

Summary

The Titanium ore market is weak but stable, with a persistent sentiment of price pressure. The downstream Titanium Dioxide companies are operating at high levels, with high Titanium ore prices. The bidding price for Titanium slag in May has slightly increased compared to April, with the downstream market being sluggish and high slag prices being weak but steady.

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Titanium dioxide market daily report on 2024-05-13

The titanium ore market is weakly stable, with pricing pressure still present in the market. Downstream titanium dioxide enterprises are operating at high levels, and titanium ore prices are high. The May titanium slag market bidding price has been slightly adjusted upwards compared to April, but the downstream market is sluggish, with high slag prices weakly stable.

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Titanium dioxide market daily report on 2024-05-11

The tender price for high slag market in May slightly increased compared to April, however, the downstream market remained sluggish. The price for high slag is weakly stable. The market price for Titanium Tetrachloride ranges from $871.38 to $940.73 per ton. The price of Titanium Tetrachloride is low due to stable raw material prices and high production pressure from companies, hence, the market for Titanium Tetrachloride continues to be under pressure.

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Titanium Dioxide Industry Perspective Weekly-2024-05-03 to 2024-05-10

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

  • The market for titanium ore (ilmenite) has been weak, with a few small and medium mines continuing to drop their prices. Current transaction prices for small and medium manufacturers are around $350-$360 per ton, while the prices for 38,42 grade titanium ore are around $264-$268 per ton (excluding tax).
  • Prices for imported titanium ore have remained steady, with Mozambique titanium ore priced at around $368 per ton and Kenyan 47%-49% grade ore priced at around $365 per ton. There is a good demand for imported titanium ore despite domestic ore prices being high and a strong start-up in the downstream market. However, the supply of some imported titanium ore remains tight.
  • The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1130-$1144 per ton. Due to high raw material prices, production costs for high slag are high. However, with weak downstream prices, the high slag market price may continue to be weak.
  • The titanium tetrachloride market continues to operate stably, with current market prices around $922-$992 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends

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Titanium dioxide market daily report on 2024-05-10

The Panxi region sees weak and stable prices due to a sluggish downstream market. Certain areas are experiencing decreased production, which will likely continue to weaken prices. In May, the bidding price for titanium slag in the high slag market was slightly adjusted upward compared to April due to high raw material costs and significant production pressure on companies. This week, a few slag factories in the Sichuan region have resumed production. However, downstream demand remains weak, contributing to the weak and stable operation of prices.

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