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Titanium dioxide market daily report on 2024-02-04

Summary:

The titanium slag and high slag market maintains stability. In February, the tender price in the North remained steady compared to last month. Recently, the slag plant’s operation remains stable, with the main focus on delivering orders. The high slag price continues to hold firm.

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Titanium Dioxide Industry Perspective Weekly-2024-01-26 to 2024-02-02

Market Report

Market Report

1. Price Trends in January

  • Titanium Dioxide (TiO2) Pigment prices exhibited a slight increase in January, particularly in small and medium-sized mines, with a rise of approximately $7 per ton.
  • Prices in major factories remained steady.
  • Non-tax quotations for ilmenite in the Southwest of China fluctuated between approximately $331 – $349 per ton.

2. Influential Market Factors

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Titanium dioxide market daily report on 2024-02-02

The titanium ore market is operating relatively smoothly, with miners progressively delivering on-hand orders. Some companies have ceased production for the Spring Festival holiday, downstream titanium dioxide manufacturers are inspecting and maintaining equipment, and both supply and demand in the titanium ore market have decreased, resulting in a temporarily stable price. The high price of titanium slag raw materials puts a lot of pressure on production costs. In February, the tender price in the north remained the same as last month, and the high slag market was temporarily stable before the festival.

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Titanium dioxide market daily report on 2024-01-31

The operation of Titanium ore prices remains relatively stable, with high titanium ore prices resulting in a watchful market sentiment. The high position of titanium slag raw material causes significant pressure on the production costs of enterprises. The bidding price in the north in February remained flat compared to last month, with a stable operation in the high slag market.

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