Aug 20 Titanium Industry Prices
Titanium Ore
Today's Panxi Titanium Ore Price Index is 1931.25, unchanged from yesterday. Domestic titanium ore new order prices remain firm, with companies actively supporting prices. Recently, downstream suppliers and distributors have been stockpiling inventory, leading to an increase in inquiries for imported titanium ore and a slight increase in some prices.
This month, the tender price for 90% high-grade titanium slag from northern enterprises is 5,850 yuan/ton, a decrease of 450 yuan/ton from the previous month. The high-grade slag market is sluggish, raw material costs are high, and slag plants are often operating at a loss, resulting in a weak and stable price.
Titanium Tetrachloride
The market price of titanium tetrachloride is 5,000-5,500 yuan/ton. Due to the gradual reduction in production in the downstream market, demand for titanium tetrachloride has decreased. Titanium raw material prices remain high, and titanium tetrachloride prices are near the cost line. Company prices are temporarily firm, and the titanium tetrachloride market remains stable.
Titanium Sponge
Prices for consumer titanium sponge products are around 48,000-50,000 yuan/ton, with some market prices for grade 0 titanium sponge around 50,000-51,000 yuan/ton. Titanium sponge manufacturers have inventory, and downstream companies are reluctant to place new orders, preferring a wait-and-see approach. With tighter supply, mainstream prices for titanium sponge are likely to remain stable.
Today's titanium dioxide price index is 13243.89, unchanged from yesterday. Following the letter from the leading enterprise, 15 companies in the market issued price increases, while some temporarily halted orders, signaling a rebound in the titanium dioxide market.
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