Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been weak, with a few small and medium mines continuing to drop their prices. Current transaction prices for small and medium manufacturers are around $350-$360 per ton, while the prices for 38%-42% grade titanium ore are around $264-$268 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 domestic ore prices being high and a strong start-up in the downstream market. However, the supply of some imported titanium ore remains tight.
• The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1130-$1144 per ton. Due to high raw material prices, production costs for high slag are high. 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 $922-$992 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been weak, with a few small and medium mines continuing to drop their prices. Current transaction prices for small and medium manufacturers are around $350-$360 per ton, while the prices for 38%-42% grade titanium ore are around $264-$268 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 $365 per ton. There is a good demand for imported titanium ore despite domestic ore prices being high and a strong start-up in the downstream market. However, the supply of some imported titanium ore remains tight.
• The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1130-$1144 per ton. Due to high raw material prices, production costs for high slag are high. 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 $922-$992 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been weak, with a few small and medium mines continuing to drop their prices. Current transaction prices for small and medium manufacturers are around $350-$360 per ton, while the prices for 38%-42% grade titanium ore are around $264-$268 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 $365 per ton. There is a good demand for imported titanium ore despite domestic ore prices being high and a strong start-up in the downstream market. However, the supply of some imported titanium ore remains tight.
• The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1135-$1149 per ton. Due to high raw material prices, production costs for high slag are high. 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 $927-$997 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The market for titanium ore (ilmenite) has been weak, with a few small and medium mines continuing to drop their prices. Current transaction prices for small and medium manufacturers are around $350-$360 per ton, while the prices for 38,42 grade titanium ore are around $264-$268 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 $365 per ton. There is a good demand for imported titanium ore despite domestic ore prices being high and a strong start-up in the downstream market. However, the supply of some imported titanium ore remains tight.
• The titanium slag market remains weak, with 90% low calcium and high titanium slag priced at around $1130-$1144 per ton. Due to high raw material prices, production costs for high slag are high. 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 $922-$992 per ton. Due to insufficient start-ups and low prices of titanium tetrachloride, enterprises are reducing or halting production.

2. Titanium Dioxide Pigment Market Trends

Market Report

1. Price Trends

• Ilmenite prices remained stable with a slight decrease in some high-priced ilmenite. The current transaction price for ilmenite from small and medium-sized manufacturers is around $314.94 – $317.69 per ton.
• Prices for imported ilmenite remained stable, with Mozambique ilmenite priced at around $51.09 per ton and Kenyan ilmenite (47%-49%) priced at around $49.76 per ton.
• Titanium dioxide prices remained weak. The current factory price for rutile titanium dioxide is around $2320- $2470 per ton, while the price for anatase titanium dioxide is around $2120 – $2190 per ton.

2. Market Influences

Market Report

1. Price Trends

• Titanium Dioxide (TiO2) prices remained mostly stable this week. Small to medium-sized factories dealt ilmenite at prices between $315-318 per ton. The prices for ilmenite of different grades varied, with 47%-20% grade priced between $324-343 per ton, and 38%-42% grade (excluding tax) quoted at $218-224 per ton.
• Due to high raw material prices, manufacturers maintained strong quotations. The high position of ilmenite prices has put pressure on the cost of downstream enterprises, causing them to be cautious in their purchases. This has resulted in a larger pressure on market shipments.

2. Market Influences

Market Report

1. Price Trends

• The market price of titanium ore continued to be strong this week. The price of 46-10 titanium ore from small and medium-sized manufacturers is around $315 – $318 per ton, and the price of 47-20 ore is around $325 – $343 per ton.
• Titanium Dioxide from China’s top manufacturers, 龙佰集团 (LB Group) was priced at approximately $2272 – $2450 per ton, while Anatase Titanium Dioxide was priced at around $2080 – $2185 per ton.

2. Market Influences

Market Report

1. Price Trends

• Prices of Titanium Dioxide (TiO2) pigment showed an uptick this week. The LB Group, one of the top manufacturers, increased domestic prices by approximately $69.5 per ton, and international prices by $100 per ton.
• Following this, six other companies in the market adjusted their prices accordingly.

2. Market Influences