Market Report
1. Titanium Dioxide (TiO2) Market Analysis
- The titanium ore (ilmenite) market remains weak, with prices between $235 to $245 per ton for small and medium manufacturers. The market is seeing pressure due to a decrease in demand from the titanium dioxide sector.
- International titanium ore prices are slightly decreasing, with Mozambique ore at around $368 per ton and Australian ore at $285 to $305 per ton.
- The titanium slag market remains weak, with low calcium and high titanium slag priced around $880 per ton, influenced by high raw material costs and weak market demand.
2. Titanium Dioxide Pigment Market Trends
- The titanium dioxide pigment market faces significant pressure, with Chinese rutile titanium dioxide priced at approximately $1,820 to $1,960 per ton, and anatase titanium dioxide at $1,660 to $1,710 per ton.
- There is a large inventory and low demand, causing manufacturers to reduce production. Some companies have reduced prices by $14 to $42 per ton to stimulate sales.
- Sulfuric acid prices have increased slightly, with prices in various regions ranging from $90 to $108 per ton. This adds to the production cost pressures for titanium dioxide pigments.
3. Market Forecast
- Downstream demand for titanium dioxide and related products remains weak, leading to continued price pressure.
- Manufacturers are likely to face inventory challenges and may need to continue reducing production to balance supply.
- The titanium dioxide market may see further price adjustments, especially with ongoing international trade pressures and anti-dumping investigations.
- The market is full of expectations for the traditional peak season, and the weak market sentiment may be approaching an end.
- If you want to view more industry information, you can follow our official website https://tinoxchem.com/category/tio2_market_report/
