Titanium Chain Market Updates
Titanium Ore
Today's Panzhihua-Xichang titanium ore price index is 1853.75, unchanged from yesterday. Panzhihua ore prices remain high, downstream buyers are adopting a wait-and-see approach, procurement remains cautious, transactions are stagnant, and some prices are under pressure and trending downwards.
Titanium Slag
In November, the bidding price for high-titanium slag from northern enterprises was 5450 yuan/ton, an increase of 10 yuan/ton compared to October. High-titanium slag prices are relatively low, and slag plants are mostly operating at a loss, maintaining a price-supporting sentiment in the market. Affected by the decline in the titanium dioxide market, acid slag prices continue to be under pressure, and the market is trending downwards.
The market price for titanium tetrachloride is 4800-5300 yuan/ton. With high costs of raw materials and auxiliary materials, titanium tetrachloride prices remain stable, market production and sales are basically balanced, and the market continues to operate stably.
Titanium Sponge
Grade 1 titanium sponge for civilian use is quoted at around 45,000-47,000 yuan/ton, while some Grade 0 titanium sponge is quoted at around 46,000-48,000 yuan/ton. Today, Yunnan Guotai issued a notice that starting November 10th, the price of titanium sponge will increase by 2,000 yuan/ton, while international prices will increase by 300 USD/ton. Titanium sponge producers are actively maintaining their prices.
Today's titanium dioxide price index is 13339.79, down 21.04 from yesterday. During the off-season, producers are facing significant pressure to sell, leading to intense price competition. Some low-priced supplies have appeared in the market, with transaction prices negotiated on a case-by-case basis.
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