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Titanium dioxide market daily report on 2024-11-01






Market Summary

Market Summary

The domestic titanium ore market is experiencing insufficient operations, leading to tight market supply. In the Chengde area, supply remains relatively stable, but the downstream market is weak, and sentiment is cautious with most transactions driven by just-in-time demand. Recently, titanium ore market prices have remained stable.

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Titanium Dioxide Industry Perspective Weekly-2024-10-25 to 2024-11-01

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

  • The titanium ore (ilmenite) market is weak. Prices from small and medium-sized manufacturers are around $292-$302 per ton, with 38-grade ore priced at approximately $211-$218 per ton (excluding tax).
  • Imported titanium ore prices are stable, with Mozambique ore at around $368 per ton and Kenyan 47%-49% grade ore at $362 per ton. Domestic demand is weaker, but the international market remains strong, leading to tight supply of high-quality ore.
  • The high titanium slag market is sluggish, with prices around $985 per ton. High production costs and weak demand are impacting the market.
  • The titanium tetrachloride market is stable, with prices around $844-$900 per ton. Downstream demand remains weak, leading to reduced production.

2. Titanium Dioxide Pigment Market Trends

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