China Titanium Market Report (March 9)

March 10, 2026
TDD-Global
8698
Guide
Highlights at a glance
This market report provides a comprehensive overview of China's titanium industry in March 2024. Key developments include a decline in the Panzhihua-Xichang titanium ore price index to 1731.25 due to downstream cost pressures and increased regional shipments, leading to weaker but stable market conditions. The titanium tetrachloride market remains firm (4800-5550 yuan/ton) amid rising chlorine costs. Titanium sponge prices hold steady with strong manufacturer capacity utilization and reduced inventories. Titanium dioxide prices remain unchanged at index 13683.65, supported by good sales and order backlogs until mid-April, though rising sulfuric acid costs suggest future price increases. Industry operating rates show mixed trends: some beneficiation plants are shut down due to raw material shortages, titanium dioxide plants are resuming post-holiday maintenance, and sponge titanium producers are operating at high capacity. The report highlights ongoing cost pressures across the supply chain while noting areas of stability and firm pricing in key segments.
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