Market price of titanium products (June 26)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1472.50, unchanged from yesterday. Titanium ore prices remained weak and stable, with downstream costs remaining high and market demand sluggish, leading to some prices being slightly lower. Regarding imported ore, port inventories increased, and market shipments continued to struggle. The market was characterized by supply and demand stalemate, resulting in stagnant transactions and a weak market.
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. The high-titanium slag market remained stable, with cost pressures persisting and demand not yet improving, leading to continued price stability.
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. Market order intake remained weak, and titanium dioxide prices continued to fluctuate. Some low-priced prices remained weak, and the decline in the price of by-product ferrous sulfate put significant pressure on titanium dioxide plants. The titanium dioxide market remained weak and stable, awaiting price announcements from leading companies.
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, and water beneficiation plants operated at low capacity. Coupled with the sluggish market, the titanium ore market was operating below capacity.
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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