Titanium dioxide price index 2054.97

Titanium Industry Market Summary

Titanium Ore: The inspection by the central environmental protection group in the Panxi region has ended. Some processing plants might resume operations, but as it is the off-season, inquiries for titanium ore remain weak. Due to tight supply, quotations from ore traders continue to remain stable.

Titanium Slag: This month, northern enterprises have set the bidding price for 90% low-calcium, magnesium high-titanium slag at 6,750 CNY/ton, which is approximately $935.37/ton at the exchange rate of 7.21780. The downstream market is weak, and the high-titanium slag market is also running weakly. The bidding price for 85% low-calcium, magnesium high-titanium slag in Yunnan has not been announced yet. Due to high production costs, slag factories are facing challenges.

Titanium Tetrachloride: The market price for titanium tetrachloride is between 6,000-6,400 CNY/ton, which is approximately $831.50-$886.92/ton. The high price of liquid chlorine is putting significant cost pressure on companies, making it difficult for both upstream and downstream sectors, hence, the price of titanium tetrachloride remains stable.

Sponge Titanium: The mainstream market price for first-grade sponge titanium for civilian use is around 42,000-43,000 CNY/ton, translating to approximately $5,819.58-$5,958.94/ton. Sponge titanium production remains stable, and while there is some relief in cost pressures due to the declining price of magnesium ingots, the market price remains temporarily stable.

Titanium Dioxide Pigment: The price index for titanium dioxide today is 2054.97, unchanged from the previous working day. Overall demand for titanium dioxide is weak, the market is sluggish, and there is a high eagerness to sell. However, due to poor downstream demand, titanium dioxide prices are steadily weakening, and market sentiment is quite pessimistic.

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