In April 2025, the domestic TiO2 market had a strong atmosphere of watchfulness. The domestic TiO2 market continues to operate steadily. Influenced by the rubber and plastics exhibition, the domestic TiO2 industry's upstream and downstream are becoming increasingly cautious, with manufacturers mainly actively processing orders from the in earlier stage, and the situation for new orders may gradually become clear after the exhibition.
This month, supported by high prices or cost, domestic titanium slag, manufacturers' quotations remain firm, but transactions are weak, and prices are stable with a slight downward trend.
In the Panxi Area, the titanium ore market is generally sluggish, with weak downstream demand leading to severe bargain by purchasers, resulting in significant resistance to new transactions and chaotic actual transaction prices.
Important market dynamics in Jan. 2025
On 3 April, 2025, the official website of the White House in the U.S. released a list of product exemptions, with China's titanium exports to the U.S. granted equivalent tariff exemptions.
By the end of March 2025, Pangang Group's 35,000 t/a titanium sponge expansion project has achieved reaching designed capacity for six consecutive months.
On 1 April, 2025, Yishui County People's Government would be publicised the environmental impact assessment public participation notice for the Luxing Titanium Industry beneficiation plants resource comprehensive utilisation technology upgrade project.
On 25 March 2025, the Guizhou Provincial Department of Ecology and Environment publicised the approval opinion of the environmental impact assessment document for the construction project of Zunyi Titanium Industry's 20kt/a titanium sponge production capacity supporting project.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1775 on 1 April 2025, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified. If you would like to cover any specific topics or investigate any covered subjects in more details, please contact us on +86-20-37616606, or econtact@cnchemicals.com
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