Titanium dioxide price index 2131.45

Titanium Industry Market Summary

Titanium Ore: The downstream titanium dioxide market is sluggish, with resistance to titanium ore prices and a strong sentiment for price-cutting. Environmental inspections in the Panxi and Shandong areas have tightened titanium ore supply, leading prices to temporarily stabilize. The market is maintaining basic demand, with cautious procurement and weak price movements.

Titanium Slag: The cost pressure for high titanium slag is significant, with many companies operating at a loss and low market activity. Northern enterprises have not tendered this month. The high slag market has low production, and there is an oversupply, leading to continuous market weakness. High raw material costs are causing significant production pressure, leading to a weak market.

Titanium Tetrachloride: The market price for titanium tetrachloride is between $8,437 and $9,000 per ton, with lower prices in some regions. High production costs and downstream market sluggishness are creating pressure, keeping market prices temporarily stable.

Sponge Titanium: The mainstream price for first-grade sponge titanium for civilian use is around $5,961 to $6,043 per ton. After a decline, magnesium ingot prices have stabilized, slightly alleviating costs, but companies are still operating at a loss, leading to weak price stability. Demand remains weak, with some market inventory, keeping prices low.

Titanium Dioxide Pigment: Today’s titanium dioxide price index is 2131.45, unchanged from yesterday. This month, major enterprises offer a discount of $28 per ton to distributors fulfilling task volumes, with only a few companies making minor price adjustments, while others maintain stable prices. This week, environmental groups inspected factories in the Panzhihua area, limiting production and reducing titanium dioxide output. Due to weak demand and low market purchasing sentiment, there is a strong wait-and-see attitude among enterprises, resulting in chaotic market prices, maintained on a case-by-case basis. The overall market remains weak with high competition. Some factories are undergoing maintenance, slightly reducing production. Manufacturer inventories are high, and terminal demand is weak, leading to weak price trends.

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