Titanium Market Report (January 26)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1782.50, unchanged from the previous working day. The overall supply of raw materials in the Panzhihua-Xichang market remains tight, with miners maintaining stable prices. The titanium ore market is basically balanced between supply and demand, and continues to operate smoothly.
Titanium Slag
Northern enterprises have begun a new round of bidding. This month, 3,000 tons of 90% high-titanium slag and 7,000 tons of 87% rich-titanium slag are being tendered. The market competition for rich-titanium slag remains severe, while the supply is stable. The high-titanium slag market continues to weaken.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4,800-5,550 yuan/ton. Recently, chlorine prices have risen, resulting in high raw material costs. Demand for titanium tetrachloride is relatively stable, and prices continue to operate smoothly.
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. Demand for sponge titanium is stable, and due to high costs and inventory levels, enterprises are maintaining firm prices.
Titanium Dioxide
Today's titanium dioxide price index is 13490.03, unchanged from the previous working day. Panzhihua Titanium Industry issued a letter today raising domestic titanium dioxide prices by 500 yuan/ton and international prices by 70 USD/ton. Raw material costs remain high, making it difficult for factories to profit. Some prices are expected to rise further. Recently, some companies in the market have begun maintenance shutdowns, leading to a slight decline in market operations.
II. Titanium Price Summary
III. Industry Operations
Titanium Ore
The operation of beneficiation plants in Panzhihua and Xichang is basically stable; in Yunnan, only a few beneficiation plants are producing due to mining permit issues; low temperatures in Chengde have resulted in overall insufficient domestic titanium ore operations.
Titanium Dioxide
This month, some companies in the market have maintenance plans, keeping titanium dioxide operations at a high level.
Sponge Titanium
Sponge titanium companies are operating at a high level.
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