Titanium Market Report (March 18)
I. Titanium Market Overview
Titanium Ore
Today, the Panzhihua-Xichang titanium ore price index was 1732.50, unchanged from yesterday. The titanium ore market saw weak trading activity, with downstream buyers facing significant price pressure due to cost factors. Only immediate needs were being met with cautious purchasing, resulting in a weak and stable price trend.
Titanium Slag
In March, northern enterprises began a new round of bidding for 90% low-calcium magnesium high-titanium slag. According to market sources, this round of bidding remains weak, and the high-titanium slag market continues to be weak, with prices trending slightly lower.
Titanium Tetrachloride
The market price for titanium tetrachloride is 4800-5550 yuan/ton. Raw material prices remain high, leading to a significant increase in titanium tetrachloride costs. New order prices remain firm, and further price increases are expected in the future.
Sponge Titanium
The market price for Grade 1 sponge titanium (civilian grade) is around 45,000-47,000 yuan/ton, while Grade 0 sponge titanium is quoted at around 46,000-48,000 yuan/ton. Sponge titanium prices remain firm, with downstream buyers mostly in a cautious wait-and-see phase. The overall market is currently stable.
Titanium Dioxide
Today's titanium dioxide price index is 14005.35, up 55.11 from yesterday. Most titanium dioxide manufacturers in the market have raised new order prices by 500 yuan/ton. Some factories using the chloride process intend to further increase prices. High raw material costs are driving titanium dioxide prices upward.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Insufficient raw material supply has led to the shutdown of some beneficiation plants.
Factory plants that underwent maintenance during the Spring Festival holiday are gradually resuming production, and the titanium dioxide operating rate will gradually increase.
Sponge Titanium
Sponge titanium manufacturers are operating at high capacity.
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