Market price of titanium products (July 23)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1398.75, unchanged from yesterday. The titanium ore market continues its sluggish trend. Downstream product markets continue to decline, increasing pressure on titanium ore prices. Miners' inventories are under pressure, and prices remain weak. Regarding imported ore, port inventory pressure remains high, competition among enterprises is fierce, and both supply and demand are weak, resulting in a weak and stable 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. Market operating rates are insufficient, high-titanium slag prices remain low, and production cost pressure remains high, resulting in a weak and stable market.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5800-6000 yuan/ton. Liquid chlorine prices fluctuated downwards, while titanium tetrachloride enterprises maintained stable prices. Downstream demand remained basically stable, and the market continued to hold steady.
Titanium Sponge
The price of titanium sponge remained weak and stable. The mainstream price for grade 0 titanium sponge was around 46,000-47,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) was around 45,000-46,000 yuan/ton. Downstream demand remained weak, and while titanium sponge manufacturers had large shipments, high prices were difficult to transact, leading to continued low prices.
Titanium Dioxide
Today's titanium dioxide price index was 15767.44, unchanged from yesterday. The titanium dioxide market is becoming increasingly chaotic. Domestic demand remains weak, and competition among enterprises is fierce. Recently, some titanium dioxide transaction prices have been lowered again. The market is adopting a wait-and-see attitude towards leading enterprises' prices. According to market news, prices are expected to decline further.
II. Titanium Price Summary
III. Industry Operating Rate
Titanium Ore
Downstream demand is weak, and titanium ore beneficiation plants are operating at low capacity, resulting in insufficient market operation.
Some factories in Panzhihua and Shandong have reduced production, while other enterprises 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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