Titanium Dioxide Market Updates
Titanium Ore
Today's Panzhihua titanium ore price index was 1853.75, unchanged from the previous working day. The Central Environmental Protection Inspection Team's presence in Panzhihua may impact the operation of some beneficiation plants, highlighting continued cost pressures in the downstream market. Although raw material supply is limited, it cannot offset weak demand, resulting in sluggish transactions and continued price weakness in some areas.
Titanium Slag
In November, the bidding price for high-titanium slag from northern enterprises was 5450 yuan/ton, a 10 yuan/ton increase compared to October. The high-titanium slag market remains weak, with high pressure on the shipment of chloride-process titanium ore, leading to a weak market in both supply and demand.
The market price for titanium tetrachloride is 4800-5300 yuan/ton. Demand for titanium tetrachloride is stable, supported by raw material costs, keeping market prices firm.
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. New orders are stagnant, and companies remain committed to maintaining prices, keeping the titanium sponge market stable.
Today's titanium dioxide price index is 13292.21, down 36.18 from the previous working day. The market remains sluggish, with little improvement in new order shipments. Raw material prices continue to rise, resulting in losses for most titanium dioxide producers. Prices are negotiated on a case-by-case basis. Some companies may undergo maintenance or production shutdowns in the future, and the market is largely in a wait-and-see mode.
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