Author Archives: tio2pro

Titanium dioxide market daily report on 2024-05-28

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The downstream demand is weak, miners’ costs are high, companies have no inventory, and the price of Pangang ore remains weak and stable. The market is mostly observing the trends of major factories next month. The bidding price for high titanium slag in May has slightly increased compared to April. This week, northern companies’ bidding for titanium slag shows that raw material costs remain high, and market sentiment is cautious.

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Titanium Dioxide Industry Perspective Weekly-2024-05-17 to 2024-05-24

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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 $365 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 $1135-$1149 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 $927-$997 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

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