Titanium Industry Price Trends
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1853.75, unchanged from yesterday. The downstream titanium dioxide market remains sluggish, with significant production losses. Procurement of raw materials remains cautious, and shipments remain weak. The titanium ore market continues its downward trend.
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 on the shipment of chloride-process titanium ore. Both supply and demand are weak.
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, and enterprise quotations remain unchanged.
Sponge Titanium
The price of Grade 1 sponge titanium for civilian use is around 45,000-47,000 yuan/ton. Some Grade 0 sponge titanium is quoted at around 46,000-48,000 yuan/ton. New orders are stagnant, and enterprises maintain a strong willingness to hold prices. Spot supply in some areas is somewhat tight, and the sponge titanium market continues to operate steadily.
Today's titanium dioxide price index is 13292.21, unchanged from yesterday. The latest policy from a leading manufacturer this month offers an additional rebate of 300 yuan/ton to distributors who achieve 100% of their sales targets.
The manufacturer's sulfuric acid process inventory pressure is not high, and the policy adjustment may improve market procurement. Other manufacturers are mostly observing the market, and further price increases for titanium dioxide are expected next month.
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