China Titanium Market Report (December 10)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index is 1836.25, unchanged from yesterday. Downstream market operating rates are currently high, and titanium ore demand remains at a basic level. Beneficiation plant sentiment is somewhat divided, and the titanium ore market is temporarily stable.
Titanium Slag
In December, the bidding price for high-titanium slag from northern enterprises was 5400 yuan/ton, a decrease of 50 yuan/ton compared to November. The high-titanium slag market remains sluggish, with low market prices. Two slag plants in Yunnan resumed production this month, leading to a recovery in the high-titanium slag operating rate.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5500 yuan/ton. Increased raw material production costs have kept costs high, and new order prices for titanium tetrachloride remain stable.
Titanium Sponge
Grade 1 titanium sponge (civilian grade) is quoted at around 45,000-47,000 RMB/ton, while some Grade 0 titanium sponge is quoted at around 46,000-48,000 RMB/ton. The titanium sponge market has remained stable recently, with high operating rates and continued strong competition for supply, resulting in a firm market.
Titanium Dioxide
Today's titanium dioxide price index is 13183.68, unchanged from yesterday. New order prices for titanium dioxide remain firm, but downstream buyers are still observing the market to fulfill previous orders. Furthermore, the price of raw material sulfuric acid continues to rise, putting significant pressure on production.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Due to raw material and market factors, some beneficiation plants are operating below capacity.
Titanium dioxide operating rates are high. This month, some factories have added maintenance shutdowns, and the market is largely observing the future maintenance situation.
Titanium Sponge
Sponge titanium enterprises are operating at high capacity.
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