Titanium Market Report (February 12)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index is 1775.00, unchanged from yesterday. The titanium ore market was stable before the holiday, with some titanium ore processing plants gradually closing for the Spring Festival, and most companies waiting for the post-holiday market.
Titanium Slag
In February, the bidding price for 90% low-calcium magnesium high-grade slag from northern enterprises was 5300 yuan/ton, a decrease of 100 yuan/ton compared to January. Electricity prices in Liaoning Province rebounded again in February, further increasing production costs. Slag plants are generally pessimistic about the future market, resulting in low operating rates.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5550 yuan/ton. With a balance between production and sales and stable demand, the market price remains stable.
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. The sponge titanium market remains stable, with high operating rates and firm transaction prices.
Titanium Dioxide
Today's titanium dioxide price index is 13490.03, unchanged from yesterday. The titanium dioxide market was stable before the holiday, with some factories entering their maintenance period. Overall, the market saw little change, and titanium dioxide prices remained stable.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
With the holiday approaching, some beneficiation plants have plans to suspend production, leading to a decline in titanium ore operating rates.
Around the Spring Festival holiday, some companies have maintenance plans, leading to an expected decline in titanium dioxide operating rates.
Sponge Titanium
Sponge titanium companies are operating at high capacity.
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