Titanium Industry Products Price Update(08.27)
Titanium Ore
Today's Panxi Titanium Ore Price Index is 1931.25, unchanged from yesterday. The overall titanium ore market remains stable, with no significant supply changes. New orders remain stagnant, and prices remain firm.
This month, the tender price for 90% high-titanium slag from northern enterprises is 5,850 yuan/ton, a decrease of 450 yuan/ton from the previous month. Due to weak downstream demand, high-titanium slag is operating at a weak level.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5,000-5,500 yuan/ton. The downstream market is weak, and market pressure to ship remains high. Companies are actively pursuing price reductions, resulting in price volatility and reduced off-market supply.
Titanium Sponge
Prices for consumer grade titanium sponge are around 48,000-50,000 yuan/ton, with some grade 0 titanium sponge prices around 50,000-51,000 yuan/ton. Companies face significant shipping pressure, resulting in low-priced supplies, and the supply and demand relationship for titanium sponge remains unbalanced.
Today's titanium dioxide price index is 13243.89, unchanged from yesterday. Raw material costs remain high, putting factories under considerable production pressure. Many companies are currently adopting a wait-and-see approach. Recently, some factories have been affected by force majeure weather, resulting in tight spot inventory. Furthermore, due to existing orders, some companies are scrambling to ship.
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