Market Report

1. Titanium Dioxide (TiO2) Market Analysis

• The titanium ore (ilmenite) market is weak. Prices from small and medium-sized manufacturers are around $292-$302 per ton, with 38-grade ore priced at approximately $211-$218 per ton (excluding tax).
• Imported titanium ore prices are stable, with Mozambique ore at around $368 per ton and Kenyan 47%-49% grade ore at $362 per ton. Domestic demand is weaker, but the international market remains strong, leading to tight supply of high-quality ore.
• The high titanium slag market is sluggish, with prices around $985 per ton. High production costs and weak demand are impacting the market.
• The titanium tetrachloride market is stable, with prices around $844-$900 per ton. Downstream demand remains weak, leading to reduced production.

2. Titanium Dioxide Pigment Market Trends

• The titanium dioxide pigment market is weak, with prices for Current prices for Chinese rutile titanium dioxide are around $2112-$2252 per ton, and anatase titanium dioxide is around $2009-$2064 per ton.
• Production has been impacted by environmental inspections, leading to reduced output from major manufacturers. Market demand remains weak, and some manufacturers are offering discounts to stimulate sales.
• Despite high raw material costs, the market is facing downward pressure due to weak demand and international trade issues, including anti-dumping investigations affecting Chinese exports.

3. Market Forecast

• Downstream demand for titanium dioxide remains weak, and prices are expected to continue their weak trend.
• Environmental and regulatory pressures are likely to continue affecting production levels and market dynamics.
• Sponge titanium prices are expected to maintain a weak balance due to the imbalance in supply and demand.