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Titanium dioxide market daily report on 2024-07-22






Titanium Market Summary

Titanium Market Summary

The titanium ore market continues to operate steadily, with raw material prices remaining high and titanium concentrate quotes staying strong.

Titanium Slag

In July, the bidding price for northern titanium slag was CNY 7600/ton, a decrease of CNY 200/ton compared to June. Due to market and cost influences, slag production remains insufficient, and the market is operating weakly.

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Titanium Dioxide Industry Perspective Weekly-2024-07-12 to 2024-07-19

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

  • The titanium ore (ilmenite) market has seen price increases this week. Currently, small and medium manufacturers’ transaction prices for 46% TiO2 ore range from $306.27 to $310.47 per ton, and 47% TiO2 ore ranges from $338.03 to $351.86 per ton. The price for 38% TiO2 middle-grade ore without tax is between $220.76 and $224.89 per ton. The market for titanium ore remains tight due to reduced raw ore exports and tight middle-grade ore supply, leading to price increases. Despite high prices for titanium ore, the downstream titanium dioxide market remains weak, causing significant cost pressure for enterprises. Supply and demand are in a clear tug of war, and titanium ore prices are expected to remain high.
  • Imported titanium ore prices remain steady. Currently, Mozambique titanium ore is priced at $368 per ton, and Kenyan 47%-49% grade ore is at $362 per ton. While domestic titanium ore prices have increased, the overall supply of imported titanium ore remains tight, and prices are expected to stay firm.

2. Titanium Dioxide Pigment Market Trends

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Titanium dioxide market daily report on 2024-07-17






Market Summary

Market Summary

The July bidding price for titanium slag in Northern China is 7600 CNY/ton, which has decreased by 200 CNY/ton compared to June. The market price is low, production pressure on slag plants is significant, and market supply pressure remains high. The market is maintaining a weak operation.

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