Titanium Market Report(December 15)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1836.25, unchanged from the previous working day. Recently, the titanium ore market has seen little change in operating rates, and downstream demand has remained relatively stable. The supply and demand of titanium ore remains in a weak balance, and market prices are currently operating smoothly overall.
Titanium Slag
In December, the bidding price for high-titanium slag from northern enterprises was 5400 yuan/ton, a decrease of 50 yuan/ton compared to November. High raw material prices have put significant cost pressure on high-titanium slag, leading to low operating rates among enterprises and a sluggish market.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5500 yuan/ton. Raw material costs remain stable, and titanium tetrachloride enterprises are operating stably, resulting in a stable market price.
Sponge Titanium
The price of Grade 1 sponge titanium for civilian use is around 45,000-47,000 yuan/ton, while the market price for Grade 0 sponge titanium is around 46,000-48,000 yuan/ton. Downstream market demand is relatively stable overall, and the military market remains strong, keeping sponge titanium prices firm and the market continuing to operate smoothly.
Titanium Dioxide
Today's titanium dioxide price index is 13183.68, unchanged from the previous working day. Raw material prices remain high, and the price execution attitude for new titanium dioxide orders is firm, with further price increases planned for next month. Companies are mostly fulfilling existing orders, and export orders to India have increased.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Due to the influence of raw materials and the market, some beneficiation plants are operating below capacity.
Titanium dioxide operating rates are high. This month, some factories have added maintenance shutdowns, and the market is largely observing the subsequent maintenance situation.
Sponge Titanium
Sponge titanium enterprises are operating at high capacity.
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