Leading titanium dioxide manufacturer lowers prices!
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1396.25, unchanged from yesterday. Downstream titanium dioxide prices declined, putting significant pressure on raw material costs for enterprises. The supply-demand game in the titanium ore market continues, and the market remains weak. Regarding imported ore, shipments remain sluggish, downstream buyers are resistant to price increases, and purchasing intentions are weak, leading to a continued weak market.
Titanium Slag
This month, the bidding price for 90% low-calcium magnesium high-titanium slag from northern enterprises was 5400 yuan/ton, a decrease of 50 yuan/ton compared to June. Market operating rates are insufficient, and high-titanium slag prices remain low, resulting in a temporarily stable market. The acid slag market remains sluggish, with overall demand being low, and operating rates expected to remain low.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5800-6000 yuan/ton. Overall, the supply of titanium tetrachloride is limited, with supply and demand basically balanced, and enterprise prices remain stable.
Titanium Sponge
The titanium sponge market remains stable. The mainstream price for grade 0 titanium sponge is around 46,000-47,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) is around 45,000-46,000 yuan/ton. Inventory levels remain high, and market prices are weak but firm.
Titanium Dioxide
Today's titanium dioxide price index is 15168.70, down 598.74 from yesterday. Longbai Group lowered its prices for both sulfuric acid and chloride process titanium dioxide today. Following previous price reductions by many factories, Longbai's price cut limits further price reductions by other factories. High raw material costs are putting pressure on titanium dioxide, resulting in a weak but stable market.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Downstream demand is weak, and titanium ore beneficiation plants are operating at low capacity, leading to insufficient market activity.
Some factories in Panzhihua and Shandong have reduced production, while other companies are operating at near full capacity. Overall, titanium dioxide operating rates remain high.
Titanium Sponge
Some titanium sponge factories have reduced production, leading to a decline in market operating rates.
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