Titanium dioxide price index 2024.4

Titanium Industry Market Summary

Titanium Ore: The titanium ore market has recently remained stable, with weak demand from downstream markets. Some titanium ore prices face significant pressure, and high raw material costs are causing production challenges for companies. As a result, the titanium ore market is operating weakly and stably.

Titanium Slag: The titanium slag market is operating at a low level. In December, the northern enterprises’ tender price for 90% low-calcium-magnesium high titanium slag increased by 200 CNY/ton to 6950 CNY/ton, which is approximately 953.63 USD/ton. The number of operating enterprises in the high titanium slag market remains low. Demand is weak, and the market lacks confidence. Coupled with cost prices, companies are still on the verge of losses, and market prices are relatively low.

Titanium Tetrachloride: The titanium tetrachloride market is quoted at 6000-6400 CNY/ton, equivalent to 823.35-878.29 USD/ton. The downstream sponge titanium market has slightly increased operations compared to the previous period. In some regions, titanium tetrachloride shipments have increased, and low-priced sources from earlier times are gradually decreasing. The titanium tetrachloride market will continue to stabilize.

Sponge Titanium: The price for first-grade sponge titanium for civilian use is around 44,000-46,000 CNY/ton, or approximately 6,038.33-6,313.77 USD/ton. Sponge titanium manufacturers have some orders this month, and market inventory is gradually decreasing. Downstream enterprises are cautiously observing, and transactions are stagnant. Due to cost influences, market prices remain firm.

Titanium Dioxide Pigment: Today’s titanium dioxide price index is 2024.4, unchanged from yesterday. November’s titanium dioxide export data remains strong, with an export volume of 149,300 tons. Currently, titanium dioxide factory inventories are varied. Chloride process inventories are under relatively high pressure, while some sulfate process enterprises have reduced inventories. However, more enterprises will begin maintenance soon. The titanium dioxide market is in a wait-and-see mode, and prices continue to be negotiated on a case-by-case basis.

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