Titanium Industry Price Updates Today
Today's Panxi titanium ore price index is 1931.25, up 3.75 points from the previous business day. Raw material supply in the Panxi region is becoming increasingly tight, and middling ore prices remain high. The downstream titanium dioxide market is favorable, with miners actively supporting prices and raising low-end prices.
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 of 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 manufacturers have inventory, and downstream companies are reluctant to place new orders, preferring a wait-and-see approach. With tighter supply, mainstream prices for titanium sponge are likely to remain stable.
Titanium Dioxide
Today's titanium dioxide price index is 13243.89, up 11.63 points from the previous business day. Longbai Group issued a notice today announcing a price increase of 500 yuan/ton for domestic titanium dioxide and 70 US dollars/ton for international titanium dioxide. Other companies are expected to follow suit, potentially leading to a surge in titanium dioxide prices.
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