Titanium Market Report (January 29)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1782.50, unchanged from yesterday. Raw material supply in the Panzhihua ore market remains tight, with some supplies scarce and costs high, keeping titanium ore prices stable.
Titanium Slag
In February, the bidding price for 90% low-calcium magnesium slag from northern enterprises was 5300 yuan/ton, a decrease of 100 yuan/ton compared to January. Due to reduced pressure from raw material costs, slag prices are under downward pressure. Currently, domestic supply remains ample, and the slag market is in a weak balance, with prices trending slightly lower.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5550 yuan/ton. High raw material costs have led titanium tetrachloride producers to maintain firm prices. Due to reduced market supply and low inventory, market prices remain stable.
Titanium Tetrachloride Titanium Sponge
Grade 1 titanium sponge for civilian use is quoted at around 45,000-47,000 yuan/ton, while Grade 0 titanium sponge is quoted at around 46,000-48,000 yuan/ton. Demand for titanium sponge is stable, with companies holding onto orders, keeping market prices firm.
Titanium Dioxide
Today's titanium dioxide price index is 13490.03, unchanged from yesterday. Titanium dioxide companies are holding steady, but weak domestic demand is providing insufficient support to the market. New order preparations are being cautious, and companies are mostly observing the market. Overall, titanium dioxide prices are temporarily stable.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Raw material supply in the Panxi region is tight, and beneficiation plants are operating below capacity. In Yunnan, only a few beneficiation plants are producing due to mining permit issues. Low temperatures in Chengde are affecting overall domestic titanium ore production.
Some companies in the market have maintenance plans, leading to an expected decline in titanium dioxide production.
Titanium Sponge
Sponge titanium companies are operating at high capacity.
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