Market price of titanium products (August 4)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1388.75, down 2.50 from yesterday. High costs at water beneficiation plants led to a weak but firm price. Downstream markets continued to decline, with persistent pressure on titanium ore purchases, resulting in a weak market. A few low-priced transactions were recorded.
Regarding imported ore, the market price was chaotic, with a significant price difference between high and low prices. The market was characterized by high prices but low volume, high port inventories, and a continued weak trend.
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 from June. High-titanium slag faces significant cost pressures from raw materials and auxiliary materials, resulting in a low number of operating enterprises and a temporarily weak but stable price.
Titanium Tetrachloride
The market price for titanium tetrachloride was 5800-6000 yuan/ton. The overall titanium tetrachloride market was stable, with enterprises maintaining firm prices, and the market price remained stable.
Titanium Sponge
The titanium sponge market remains weak. The mainstream price for grade 0 titanium sponge is around 45,000-46,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) is around 44,000-45,000 yuan/ton. Shipments remain sluggish, downstream demand continues to be weak, and the market lacks support, causing prices to continue their downward trend.
Today's titanium dioxide price index is 14719.08, down 93.39 from yesterday. Prices for some sulfuric acid process titanium dioxide have slightly decreased. New orders for enterprises remain weak.
The titanium dioxide market is experiencing weak supply and demand. Due to the price decline, some enterprises are facing further pressure. The room for price adjustments is limited, and enterprises are under pressure, leading to a weak titanium dioxide price.
II. Titanium Price Summary
III. Industry Operating Rate
Titanium Ore
Downstream demand is weak, and titanium ore beneficiation plants are operating at low capacity. Most miners are maintaining shutdowns, resulting in insufficient market activity.
Some titanium dioxide plants have reduced or stopped production, leading to a decline in the titanium dioxide operating rate.
Titanium Sponge
Some titanium sponge factories have reduced production, leading to a decline in market operating rates.
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