Market price of titanium products (July 2)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1472.50, unchanged from yesterday. The market remains sluggish, with few new orders and inquiries, offering little support for titanium ore prices. Some companies still expect price reductions for new orders in July, and most are adopting a wait-and-see approach.
The titanium ore market is experiencing weak supply and demand. Regarding imported ore, companies continue to face cost inversions, new order shipments are sluggish, and beneficiation plants are under significant pressure, maintaining a weak market and putting further downward pressure on prices.
Titanium Slag
This month, the bidding price for 90% low-calcium magnesium high-titanium slag from northern companies was 5450 yuan/ton, a slight increase of 50 yuan/ton compared to May. Costs provided some support, and high-titanium slag prices remained firm.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5800-6000 yuan/ton. Liquid chlorine prices remain volatile, and titanium tetrachloride prices are temporarily stable. Company supply is generally stable, and the market is operating at a relatively stable level.
Titanium Sponge
The titanium sponge market continued its weak trend. The mainstream price for grade 0 titanium sponge was around 47,000-48,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) was around 46,000-47,000 yuan/ton. Titanium sponge producers faced significant pressure to sell, and transactions of low-priced goods continued to increase, leading to fierce competition. New orders remained stagnant, and the market continued its weak performance.
Today's titanium dioxide price index was 16321.41, unchanged from yesterday. Leading producers maintained their prices. The titanium dioxide market is in its off-season, demand remains weak, and competition among companies continues to be fierce.
Titanium dioxide prices are highly differentiated, with significant price differences. Market pessimism is strong, and prices continue their sluggish trend. Some companies are not quoting prices, and the market is negotiating on a case-by-case basis.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
The operating rate of water beneficiation plants in the Panxi region is low, coupled with the sluggish market, resulting in insufficient titanium ore production.
Titanium dioxide
Production was affected by raw material costs and supply, with some companies reducing production, but the overall market operating rate remained high.
Titanium sponge
Manufacturers are operating at high capacity.
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