Titanium Market Price Update
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1847.50, unchanged from the previous working day. The downstream market remains sluggish, and Panzhihua ore faces significant pressure to fulfill new orders, leading to weak market transactions.
Titanium Slag
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 titanium slag market remained weak and stable, with ample supply of high-titanium slag. The market is largely awaiting the results of this month's new round of bidding, with some enterprises hoping for price increases.
The market price for titanium tetrachloride is 4800-5300 yuan/ton. Increased raw material production costs have led some enterprises to consider raising prices, but weak demand has kept prices stable for now.
Titanium Sponge
Grade 1 titanium sponge for civilian use is quoted at around 45,000-47,000 yuan/ton, while some Grade 0 titanium sponge is quoted at around 46,000-48,000 yuan/ton. The titanium sponge market remains stable, with enterprises maintaining good production and sales, and new order prices are becoming increasingly firm.
Today's titanium dioxide price index is 13292.21, unchanged from the previous working day. More than 20 titanium dioxide enterprises have issued letters announcing price increases. Due to excessively high production costs, titanium dioxide enterprises have a strong desire to raise prices, and some market quotations have been adjusted upwards.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Raw material supply is tight, and beneficiation plant operating rates remain insufficient.
Titanium Dioxide
Titanium dioxide operating rates are high, with the market largely observing and waiting to see how maintenance will be carried out later.
Titanium Sponge
Titanium sponge enterprises are operating at high rates.
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