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Titanium dioxide market daily report on 2024-07-12

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The market price of Titanium Tetrachloride is quoted at 63,000-68,000 CNY per ton. The price of liquid chlorine has declined, but the price of titanium raw materials remains firm. The Titanium Tetrachloride market is operating at low capacity, and its price is stable for now. The mainstream price for first-grade sponge titanium in the civil market is around 49,000-50,000 CNY per ton, with companies facing significant pressure to sell. There are some low-priced sources entering the market, causing the mainstream price to weakly stabilize. The current Titanium Dioxide (TiO2) price index is 2139.68,525.51, an increase of 5 from yesterday. The European Union has announced the implementation of preliminary tax rates, which will be in effect for six months temporarily, increasing the pressure on titanium dioxide exports. Domestic demand has not improved, and some companies are still under inventory pressure. The titanium dioxide market is operating weakly and steadily.

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Titanium dioxide market daily report on 2024-07-09

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The current mainstream price for Grade 1 sponge titanium in the market is around 49,000 to 50,000 CNY per ton, which converts to approximately 6,753 to 6,890 USD per ton based on the exchange rate of 7.25630. Sponge titanium enterprises are facing significant inventory pressure, and the market demand is weak. As a result, companies are eager to sell, leading to a weak price trend.

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Titanium dioxide market daily report on 2024-07-08

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Recently, titanium ore enterprises in Panxi, Yunnan, and Chengde have still been operating insufficiently, leading to tight raw material supplies and firm market quotations. Downstream enterprises are under significant cost pressure, resulting in limited new orders and a supply-demand game in the titanium ore market.

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Titanium dioxide market daily report on 2024-07-02

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The titanium ore market continues to be strong, although the downstream market remains weak, and new orders for titanium ore are sluggish, resulting in a market with quoted prices but few transactions. In July, the northern titanium slag bidding price was 7600 CNY/ton, down 200 CNY/ton compared to June. The downstream prices have declined, and high titanium slag is operating weakly.

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Titanium dioxide market daily report on 2024-07-01






Market Summary

Market Summary

The cost of raw ore is high, and the cost pressure on intermediate ore is significant. With major companies acquiring intermediate ore, supply is tight. Processing plant operations have declined due to high prices and cost pressures, leading to firm prices for titanium concentrate.

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