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Titanium Dioxide Industry Perspective Weekly-2024-11-22 to 2024-11-28

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

  • The titanium ore market remains weak with prices for small and medium manufacturers ranging from $274-$279 per ton for 46%-10%, and $305-$318 per ton for 47%-20% . Prices for 38% titanium are around $188-$196 per ton (excluding tax). There is limited demand, and some miners are struggling with stock sales.
  • Imported titanium ore prices have remained relatively steady with Mozambique ore priced at around $368 per ton, and Kenyan 47-49% grade ore at around $362 per ton. However, downstream demand remains low, and some manufacturers are cautious with purchasing.
  • With weak downstream demand and high raw material costs, the titanium ore market is expected to stay subdued, and price drops will be limited.

2. Titanium Dioxide Pigment Market Trends

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Titanium dioxide market daily report on 2024-11-28

Here is a summary of the current titanium market conditions:

  • Titanium Ore:
    The current price index for Chengde titanium ore is USD 297.58/ton (converted from CNY 2150.00), unchanged from yesterday.
    The downstream market remains weak, with significant cost pressures on companies. There is resistance to higher-priced titanium ores, and some miners are facing substantial sales pressures. Market sentiment is weak, and prices are expected to continue on a downward trend.
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