The titanium dioxide market is in a sluggish season, and the high-priced shipments of titanium ore face significant pressure. The prices are steadily weakening, with transaction prices often subject to individual negotiations.
The bidding price for high slag in May was slightly increased compared to April. The northern region’s high slag market is at a low operating level with low market prices, putting substantial pressure on slag factories, leading to a weak and stable market operation.
The domestic titanium ore market is temporarily stable, and downstream companies are cautiously purchasing. The price of titanium white is adjusted downwards: the price of some titanium ore is under pressure; the price of imported titanium ore is firm: the domestic supply and demand of some sources are tightly balanced. With the arrival of some imported titanium ore in the later period, the market will maintain stable operation.
In the titanium ore market, inquiries remain weak with stagnant transactions. Companies are in a wait-and-see mode with the weak but stable price of titanium ore before the holidays. In May, the price of high titanium slag increased slightly compared to April, and the high cost of raw titanium ore, especially with the increased electricity prices in the Liaoning region, puts significant production pressure on high slag companies. The downstream market is operating at a high level, and company quotes are firm, causing the price in May to be under pressure to rise.
