Market Report

Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) remains tight. The current transaction prices for small and medium manufacturers are around $307-$311 per ton, while the prices for 47% grade ore are around $339-$353 per ton. The price for 38% titanium middle ore (excluding tax) is around $221-$226 per ton. The supply remains constrained, with high prices for middle ore and significant cost pressure on refined ore.
• 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. Despite the high domestic prices and a strong downstream market, the supply of imported titanium ore remains tight, supporting steady prices.
• The high titanium slag market is stable, with 90% low calcium magnesium high titanium slag priced at around $1052 per ton, down by $28 from last month. The 85% low calcium magnesium high titanium slag is priced at around $941 per ton, also down by $28 from last month. The market experiences significant pressure due to high raw material costs and weak downstream prices.
• The titanium tetrachloride market continues to operate stably, with current prices around $872-$941 per ton. Companies face significant cost pressure due to the high prices of liquid chlorine and titanium raw materials, leading to stable market prices despite low downstream demand.

Titanium Dioxide Pigment Market Trends