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.