Market price of titanium products (June 23)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1472.50, unchanged from yesterday. The titanium ore market remained weak and stable. Small and medium-sized miners, facing tight raw material procurement, maintained a willingness to hold prices.
Large mills in the Panzhihua-Xichang region faced significant inventory pressure, leading to fierce competition for supply and a stagnant market. Prices continued to weaken slightly. Regarding imported ore, importers had some inventory, downstream enterprises showed weak purchasing intentions, and market sentiment was one of strong downward pressure on prices, resulting in continued pressure to sell.
Titanium Slag
This month, 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. Production cost pressures remained high, keeping high-titanium slag prices firm and stable.
Titanium Tetrachloride
The market price for titanium tetrachloride was 5800-6000 yuan/ton. Chlorine prices remained volatile, providing some support for costs. The spot market remained tight, and titanium tetrachloride prices continued to hold steady.
Titanium Sponge
Titanium sponge prices remained generally stable. The mainstream price for grade 0 titanium sponge was 48,000-50,000 yuan/ton, while the mainstream price for grade 1 titanium sponge (for civilian use) was 47,000-49,000 yuan/ton. Titanium sponge factories faced increasing inventory pressure, and the market continued to experience significant pressure to fulfill new orders, resulting in market pressure and temporarily stable prices.
Titanium Dioxide
Today's titanium dioxide price index was 16390.77, unchanged from yesterday. Demand remained weak during the off-season. Affected by demand, recent market transaction prices have generally declined. Demand remains sluggish, and market inventory continues to increase.
Some companies are expected to adjust prices further in the future. The titanium dioxide market is weak, and the price of raw material sulfuric acid remains high, putting significant cost pressure on enterprises.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Large plants in the Panzhihua-Xichang region suspended external shipments of raw ore this month, and water beneficiation plants operated at low capacity. Coupled with the sluggish market, the titanium ore market was operating below capacity.
Affected by raw material costs and supply, some companies reduced production, but the overall market operating rate remained high.
Titanium sponge
Titanium sponge manufacturers are operating at high capacity.
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