Titanium Industry Price Update August 21st
I. Titanium Market Overview
Titanium Ore
Today's Panxi Titanium Ore Price Index is 1931.25, unchanged from yesterday. Miners are delivering on previous orders, and while market inquiries have recovered, new orders remain cautious, maintaining a firm titanium ore price.
Titanium Slag
This month, the tender price for 90% high-grade titanium slag from northern enterprises is 5,850 yuan/ton, down 450 yuan/ton from the previous month. The high-grade slag market is sluggish, raw material costs are high, and slag plants are often operating at a loss, resulting in a weak and stable price.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5,000-5,500 yuan/ton. Downstream markets are gradually reducing production, reducing demand for titanium tetrachloride. Titanium raw material prices remain high, and titanium tetrachloride prices are near the cost line. Enterprise prices are temporarily firm, and the titanium tetrachloride market remains stable.
Titanium Sponge
Prices for consumer titanium sponge products are around 48,000-50,000 yuan/ton, with some market prices for grade 0 titanium sponge around 50,000-51,000 yuan/ton. Titanium sponge companies have some inventory, and downstream companies are reluctant to place new orders, adopting a wait-and-see approach. Due to the tightening supply, the sponge market is currently stable.
Today's titanium dioxide price index is 13243.89, unchanged from yesterday. New orders in the titanium dioxide market are strong, easing inventory pressures. With raw material costs remaining high, some companies have begun executing new orders, leading to a steady upward trend in the market.
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