Titanium Industry Chain, Market Trend
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1847.50, unchanged from yesterday. The downstream titanium dioxide market remains sluggish, with buyers maintaining a cautious approach to raw material procurement. Strong downward pressure on prices continues, and the titanium ore market remains weak.
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 remains 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 market price for titanium tetrachloride continues to operate steadily, with enterprises maintaining stable prices.
Sponge Titanium
The price of Grade 1 sponge titanium for civilian use is around 45,000-47,000 yuan/ton, while some Grade 0 sponge titanium is quoted at around 46,000-48,000 yuan/ton. Affected by costs, the market is somewhat supporting prices, and with some spot supply remaining tight, the sponge titanium market is operating steadily, but there is significant pressure to sell at new prices.
Today's titanium dioxide price index is 13292.21, unchanged from yesterday. High raw material costs have led to significant losses for manufacturers, resulting in a decline in market operating rates. Titanium dioxide prices are expected to gradually become clearer next week.
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