Titanium dioxide price index 2152.19

Titanium dioxide price index 2152.19

Titanium Industry Market Summary

Titanium Ore: The supply is limited, downstream demand is weak, and production is declining, leading to a stalemate in the titanium ore market. Prices remain stable, with cautious procurement and weak price movements.

Titanium Slag: The high titanium slag market remains weak but stable. Northern enterprises have not announced any new tenders this month. Downstream demand is decreasing, creating significant pressure on the high titanium slag market. Some enterprises in the north are reducing or halting production, leading to insufficient market activity and pessimistic market sentiment. High raw material costs are causing significant production pressure.

Titanium Tetrachloride: The market price for titanium tetrachloride ranges from 6000 to 6400 CNY/ton, approximately $849 to $905 USD/ton. Some low-price transactions occur in certain areas, but overall sales volume is low. Despite high raw material costs, the titanium tetrachloride market remains stable.

Sponge Titanium: The mainstream price for first-grade sponge titanium is around 4.2 to 4.3 million CNY/ton, which converts to approximately $594,000 to $608,000 USD/ton. There is high inventory pressure, and as production decreases, recent sponge titanium prices remain stable. The market is in a wait-and-see mode, with weak new orders. Demand remains weak, with some market inventory, maintaining low prices.

Titanium Dioxide Pigment: The current price index is 2152.19, down by 1 point from yesterday. With Brazil’s anti-dumping preliminary ruling publicized, export tax rates for enterprises are high, contributing to the pessimistic market sentiment. Domestic demand remains unsatisfactory, and the titanium dioxide market is weak but stable.

Author

TiO2 Info

Posted on

2024-10-12

Updated on

2024-10-12

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