Market Report

1. Price Trends

The prices of titanium dioxide (TiO2) have remained high throughout the week, with small to medium-sized factories dealing in ilmenite (46,10) around $312 – $316 per ton and ilmenite (47,20) around $326 – $344 per ton.
The prices of ilmenite (38,42) without tax were about $219-$225 per ton.
Imported ilmenite prices have remained stable, with the price of ilmenite from Mozambique and Kenya at approximately $51 and $50 per ton, respectively.

With the increase in the price of ilmenite, the titanium dioxide market is observing a wait-and-see sentiment, with some sources of supply remaining tight and prices running high.
The cost of titanium slag is high. With the market resuming work, the supply of ilmenite continues to maintain a tight situation.
As a result of the anti-dumping incident, the export pressure on enterprises has increased. High raw material prices have increased the cost pressure on titanium dioxide enterprises.

The market for titanium dioxide has remained stable this week. The international giant Tronox issued a letter to increase the price, and domestic individual enterprises adjusted prices slightly.
As of now, the tax-included factory price of Chinese rutile type titanium dioxide is about $2281-$2431 per ton, and the anatase type titanium dioxide tax-included factory price is about $2083-$2153 per ton.
The titanium dioxide market is operating normally, with enterprises delivering outstanding orders one after another. However, the situation of new orders following up is weak, and the market transaction atmosphere has weakened.

The demand for the ilmenite market is stable, and prices are expected to remain stable overall.
The cost of titanium dioxide is high, but the demand has weakened slightly, and prices are expected to remain firm.
The inventory of sponge titanium enterprises is low, and prices are expected to remain stable.