Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been weak, with prices experiencing slight declines. Current transaction prices for small and medium manufacturers are around $309.33-$313.77 per ton, while the prices for 38-grade titanium ore are around $220.85-$227.84 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 good demand for imported titanium ore despite high domestic ore prices and significant cost pressures in the downstream market. However, the supply of some imported titanium ore remains tight.
• The titanium slag market remains weak, with high titanium slag priced at around $818.36-$826.09 per ton. Due to high raw material prices, production costs for high slag are elevated. 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 $801.83-$900.18 per ton. Due to insufficient start-ups and high raw material costs, enterprises face significant production pressure.

2. Titanium Dioxide Pigment Market Trends