SMM News, March 19: Imported titanium ore prices remained under pressure and continued to decline today. Offers for titanium concentrate from Mozambique with TiO₂≥46% were 1,670-1,730 yuan/mt, down 30 yuan from yesterday; offers for titanium concentrate from Nigeria with TiO₂≥50% were 1,780-1,830 yuan/mt, down 25 yuan from yesterday; offers for titanium concentrate from Australia with TiO₂≥50% were 1,830-1,880 yuan/mt, down 25 yuan from yesterday.
Recently, selling pressure in the imported titanium ore market intensified, with port inventory continuing to accumulate, and the overall market showed an oversupply pattern. Downstream demand remained weak. Affected by persistently high sulphuric acid costs, titanium dioxide enterprises faced significant cost pressure and continued to step up efforts to push for lower prices on the raw material side. As a result, transaction prices in the imported titanium ore market declined continuously, and some traders had already begun to offer concessions for shipments or even cut prices for sell-offs.



