Titanium Market Report (December 26)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1793.75, unchanged from yesterday. Domestic titanium ore production is insufficient, maintaining a tight supply-demand balance, and prices are temporarily stable.
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. Raw material costs for titanium slag remain firm, resulting in losses for enterprises, and market operating rates are at low levels.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5500 yuan/ton. The titanium tetrachloride market remains stable. New orders have been generally weak recently. Supply of titanium tetrachloride from enterprises in Henan has decreased, and supply from Northeast China is also limited. In the short term, titanium tetrachloride prices are expected to remain firm.
Titanium Sponge
Grade 1 titanium sponge for civilian use is priced at around 45,000-47,000 RMB/ton, while Grade 0 titanium sponge is priced at around 46,000-48,000 RMB/ton. Downstream demand remains relatively stable, with titanium sponge manufacturers fulfilling orders and maintaining good inventory levels. The market is currently stable.
Today's titanium dioxide price index is 13183.68, unchanged from yesterday. Titanium dioxide manufacturers are gradually implementing new order quotations. This week, export orders have been good, and some domestic factories are reducing inventory, resulting in firm new order prices. A few companies have maintenance plans for January.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Recently, large factories have reduced production, and the shutdown of water beneficiation plants in the Xinjiu region has led to a decline in titanium ore operating rates.
Titanium dioxide operating rates are high. A few factories have added maintenance shutdowns this month, and the market is largely observing the future maintenance situation.
Titanium Sponge
Titanium sponge manufacturers are operating at high rates.
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