Market price of titanium products (July 13)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1408.75, down 18.75 from the previous working day. The domestic titanium ore market remained weak, with new orders still weak. Miners faced significant pressure to sell, resulting in a market with little price movement and few transactions. Prices from major Panzhihua-Xichang mills generally declined in July. Regarding imported ore, importers had some inventory, leading to higher production costs for beneficiation plants. Coupled with declining downstream product prices, the market saw intense supply-demand competition, resulting in generally weak and stable prices.
Titanium Slag
In June, the bidding price for 90% low-calcium magnesium high-titanium slag from northern enterprises was 5450 yuan/ton, a slight increase of 50 yuan/ton compared to May. July bidding has not yet begun. With titanium raw material prices declining, some cost pressure has eased, leading to a weak but stable price for high-titanium slag.
Titanium Tetrachloride
The market price for titanium tetrachloride was 5800-6000 yuan/ton. Overall market supply remained tight, while downstream demand remained stable, providing some support for titanium tetrachloride prices. Enterprises continued to maintain stable quotations.
Titanium Sponge
Titanium sponge prices remain stable. The mainstream price for grade 0 titanium sponge is around 47,000-48,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) is around 46,000-47,000 yuan/ton. Large manufacturers have reduced production, easing supply pressure somewhat. However, the market supply and demand relationship remains unbalanced, and prices are temporarily maintaining a weak and stable trend.
Today's titanium dioxide price index is 15876.15, unchanged from the previous working day. During the traditional off-season, domestic sales are generally sluggish.
Some factories in the Panzhihua area have begun to reduce production this week, while chloride process titanium dioxide production continues to increase. Export orders are relatively good, providing some support to factories. The titanium dioxide market price remains chaotic, with transactions negotiated on a case-by-case basis.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Downstream demand is weak, and titanium ore beneficiation plants are operating at low capacity, resulting in insufficient market activity.
Titanium Dioxide
Some factories in the Panzhihua area have reduced production, while other enterprises are operating at near full capacity. Overall operating rates for titanium dioxide remain high.
Sponge Titanium
Some sponge titanium factories have reduced production, leading to a slight decline in market operating rates.
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