Titanium Dioxide Market Updates
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index is 1847.50, unchanged from yesterday. Recently, titanium ore prices have been weak and stable. Downstream buyers are reluctant to purchase high-priced titanium ore, and there are expectations of a decline in market operating rates. Some miners remain bearish on the market outlook.
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. The high-titanium slag market is weak, and there is significant pressure to sell chloride-process titanium ore, resulting in a weak supply and demand.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5300 yuan/ton. Raw material costs remain stable, and enterprise production remains stable. The titanium tetrachloride market price continues to operate steadily, and enterprise quotations remain unchanged.
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 remains stable. Companies have some orders on hand, and the pressure to fulfill new orders remains high, leading to stable market prices.
Today's titanium dioxide price index is 13292.21, unchanged from yesterday. Sulfuric acid process titanium dioxide producers generally intend to raise prices, and new order quotes are firm. Sulfuric acid process titanium dioxide production costs are under significant pressure, while chloride process inventories are high.
Market competition remains fierce, and most market participants are adopting a wait-and-see approach. Prices are being negotiated on a case-by-case basis. The market for sulfuric acid process titanium dioxide is expected to gradually become clearer.
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