Titanium Dioxide Market News
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1836.25, down 1.25 from yesterday. Titanium ore prices remained stable, but downstream procurement remained cautious. Transportation costs from Panzhihua to some southwestern regions increased, and new orders for domestic titanium ore remained stagnant. Prices remained weak and stable for the time being, with the market largely observing downstream market conditions.
In December, the bidding price for high-titanium slag from northern enterprises was 5400 yuan/ton, down 50 yuan/ton from November. The high-titanium slag market remained sluggish, with low market prices. Two slag plants in Yunnan resumed production this month, and the operating rate of high-titanium slag in the market rebounded.
Titanium Tetrachloride
The market price for titanium tetrachloride was 4800-5500 yuan/ton. Increased raw material production costs kept costs high, and new order prices for titanium tetrachloride remained stable.
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. The titanium sponge market has remained stable recently, with high operating rates and significant competition for supply, resulting in a firm market.
Today's titanium dioxide price index is 13183.68, unchanged from yesterday. High raw material costs have led to firm new order prices for titanium dioxide this month, with downstream buyers remaining cautious and largely observing the market. Increased operating rates this month, coupled with the release of capacity from previously shut-down and new production lines, have resulted in a weak supply-demand balance.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Due to raw material and market factors, some beneficiation plants are operating below capacity.
Titanium Dioxide
Titanium dioxide operating rates are high, with some factories undergoing additional maintenance this month. The market is largely observing the future maintenance situation.
Titanium Sponge
Titanium sponge manufacturers are operating at high capacity.
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