Market price of titanium products (July 17)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1406.25, unchanged from yesterday. High raw material costs and low market operating rates, coupled with significant pressure on concentrate production, have led to a price-supporting sentiment among enterprises.
Downstream demand remains sluggish, resulting in a stalemate in the titanium ore market, with prices remaining weak and stable. Regarding imported ore, market shipments remain weak, new order inquiries are limited, and some low-priced supplies have resurfaced, indicating a continued sluggishness in the imported titanium ore 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. While high-titanium slag prices saw a slight decrease this month, costs for auxiliary materials and electricity remain high, and regional differences exist, resulting in significant cost pressure for high-titanium slag. The market is expected to remain weak and stable in the short term.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5800-6000 yuan/ton. Overall supply remains tight, and downstream demand is generally stable, providing some support for the price. Manufacturers continue to hold their prices steady.
Sponge Titanium
Sponge titanium prices are currently stable. The mainstream price for grade 0 sponge titanium is around 46,000-47,000 yuan/ton, while the mainstream price for grade 1 civilian sponge titanium is around 45,000-46,000 yuan/ton. Some large sponge titanium manufacturers have reduced production, slightly easing market supply pressure. Overall operating rates remain high, and some low-priced supplies have appeared in the market. Affected by costs, market prices remain weak and stable.
Titanium Dioxide
Today's titanium dioxide price index is 15831.12, unchanged from yesterday. The domestic titanium dioxide market remains sluggish, with weak shipments from factories and traders. Titanium dioxide prices are low, with some factories pricing nearing their cost line. Leading companies are maintaining their prices, but downstream purchasing intentions are weak, with most adopting a wait-and-see approach. Export orders are providing some support, but the market is characterized by intense supply-demand competition, with prices negotiated on a case-by-case basis.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Weak downstream demand has led to low operating rates at titanium ore processing plants, resulting in 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.
Sponge Titanium
Some sponge titanium factories have reduced production, leading to a slight decline in market operating rates.
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