Market price of titanium products (June 29)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1472.50, unchanged from the previous working day. The market remained weak, with significant pressure to secure new orders. Market prices remained chaotic, and new order prices for titanium ore in Chengde also saw a decrease of 30 yuan/ton. Titanium ore supply was ample, competition was fierce, and the market continued its downward trend. Regarding imported ore, demand was weak, and the market lacked support. Market prices remained weak but firm, with downstream buyers cautious about purchasing high-priced raw materials, leading to continued weak market performance.
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. Cost support provided some support, and high-titanium slag prices remained firm.
Titanium Tetrachloride
The market price for titanium tetrachloride was 5800-6000 yuan/ton. Recently, liquid chlorine prices continued to decline, further loosening cost support. Due to limited market supply, prices remained generally 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 16321.41, down 69.36 from the previous working day. Some titanium dioxide companies further lowered their prices, continuing the weak market trend.
The price difference between high and low prices continued to widen, new order shipments remained sluggish, and major manufacturers temporarily suspended new order pricing. The market was weak, and leading companies had not yet released new pricing policies, leading to a wait-and-see attitude among many market participants.
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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