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

• Due to the impact of a price increase from the LB Group, small and medium-sized miners have quoted prices above $318 per ton.
• With the rise of Panzhihua Mine and the increase in market inquiries this week, the price of Chengde Titanium Mine has increased to around $276 per ton.

3. Import Data

• The imported titanium ore market remained stable, with the price of Mozambique titanium ore at around $51 per ton, and the price of Kenyan 47-49 ore at around $50 per ton.

4. TiO2 Pigment Market Dynamics

• Due to the high prices of Panzhihua ore, the price of imported titanium ore remained basically stable.
• The demand from the downstream titanium dioxide market was stable, and the supply of Panzhihua Mine continued to maintain a tight balance.

5. Future Predictions

• The supply of titanium ore in the market is tight, and the price will continue to run at a high level.
• The inventory of titanium dioxide is at a low level, and it is expected to continue to run firmly.