[PriceIndex] Tiantanium dioxide price index 2142,
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Titanium dioxide market daily report on 2024-07-12
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The market price of Titanium Tetrachloride is quoted at 63,000-68,000 CNY per ton. The price of liquid chlorine has declined, but the price of titanium raw materials remains firm. The Titanium Tetrachloride market is operating at low capacity, and its price is stable for now. The mainstream price for first-grade sponge titanium in the civil market is around 49,000-50,000 CNY per ton, with companies facing significant pressure to sell. There are some low-priced sources entering the market, causing the mainstream price to weakly stabilize. The current Titanium Dioxide (TiO2) price index is 2139.68,525.51, an increase of 5 from yesterday. The European Union has announced the implementation of preliminary tax rates, which will be in effect for six months temporarily, increasing the pressure on titanium dioxide exports. Domestic demand has not improved, and some companies are still under inventory pressure. The titanium dioxide market is operating weakly and steadily.
[PriceIndex] Tiantanium dioxide price index 2142,
Titanium Dioxide Industry Perspective Weekly-2024-07-05 to 2024-07-12
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 $362 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
Titanium dioxide market daily report on 2024-07-11
[PriceIndex] Tiantanium dioxide price index 2137,
Titanium dioxide market daily report on 2024-07-10
[PriceIndex] Tiantanium dioxide price index 2139,
Titanium dioxide market daily report on 2024-07-09
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The current mainstream price for Grade 1 sponge titanium in the market is around 49,000 to 50,000 CNY per ton, which converts to approximately 6,753 to 6,890 USD per ton based on the exchange rate of 7.25630. Sponge titanium enterprises are facing significant inventory pressure, and the market demand is weak. As a result, companies are eager to sell, leading to a weak price trend.