Market price of titanium products (June 25)
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, with sluggish downstream demand, intense market competition, and stagnant new orders. Most market participants were adopting a wait-and-see approach, and transaction prices were mostly negotiated on a case-by-case basis. Regarding imported ore, importers had some inventory, and companies continued to face significant pressure to ship their products. Some prices continued to decline, and the market remained weak and sluggish.
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 were significant, and high-titanium slag prices remained firm and stable.
Titanium Tetrachloride
The market price for titanium tetrachloride was 5800-6000 yuan/ton. Overall market supply was relatively stable, and the titanium tetrachloride market remained stable.
Titanium Sponge
The titanium sponge market remained weak and stable. 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. Downstream demand for titanium materials was weak, with low willingness to purchase raw materials and strong downward pressure on prices. The market saw an increase in low-priced goods, leading to a weak titanium sponge market.
Titanium Dioxide
Today's titanium dioxide price index was 16390.77, unchanged from yesterday. The market continued its weak trend, with titanium dioxide prices trending downwards. Market sentiment was largely pessimistic. High costs of raw materials and auxiliary materials, coupled with a slight decline in the price of by-product ferrous sulfate, put significant pressure on factory production. The titanium dioxide market remained weak and stable, awaiting price announcements from leading manufacturers.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Major plants in the Panzhihua-Xichang region suspended external shipments of raw ore this month. Water beneficiation plants operated at low capacity, and the market was sluggish, resulting in insufficient titanium ore production.
Titanium Dioxide
Due to raw material costs and supply constraints, some companies have reduced production, but overall market operating rates remain high.
Sponge Titanium
Sponge titanium companies are operating at high capacity.
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