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 $300-$303 per ton, while the prices for 38-grade titanium ore are around $213-$218 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 tight balance in the supply of imported titanium ore, which maintains its steady price.
- The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1047 per ton, and 85% low calcium and high titanium slag priced at around $937 per ton. Despite high raw material prices, the market is under pressure due to weak downstream demand.
- The titanium tetrachloride market continues to operate stably, with current market prices around $868-$937 per ton. High raw material costs limit price adjustments.