Titanium Product Market Quotation(Oct 22)
TDD Titanium Daily
I. Titanium Market Summary
Titanium Ore
Today, the Panxi titanium ore price index stands at 1,187.50, flat compared to yesterday. Some beneficiation plants have reduced to half-capacity operation, and some small mining enterprises face shutdown risks, with overall operating rates remaining low. Miners face significant shipping resistance, and spot goods circulation has slowed. High port inventory of imported ore continues to pressure the market, compounded by downstream procurement maintaining rigid-demand bargaining, resulting in low trading activity. Short-term downward pressure persists, and prices may decline further.
Titanium Slag
The number of operating enterprises remains low with firm quotes. Downstream factories have sufficient raw material inventory, new order releases are slow, and procurement mostly maintains rigid demand. Overall supply and demand are both weak, and prices are unlikely to fluctuate in the short term.
Titanium Tetrachloride
Titanium tetrachloride market quotes are at 5,800-6,000 yuan/ton. Liquid chlorine prices remain high, and cost support persists. Enterprise operating rates are stable, spot circulation is relatively tight, and the short-term market is expected to maintain firm consolidation.
Sponge Titanium
Sponge titanium prices remain at low levels. Grade 0 sponge titanium mainstream quotes are around 43,000-45,000 yuan/ton, and Grade 1 sponge titanium civilian product mainstream quotes are around 42,000-44,000 yuan/ton. Enterprises continue to face significant shipping pressure, market operating rates remain high, demand is weak, and downstream enterprise procurement support is lacking. Sponge titanium prices are trending weakly with stable operations.
Titanium Dioxide
Today, the titanium dioxide price index stands at 14,051.53, flat compared to yesterday. Market quotes remain temporarily stable, and industry operating rates maintain high levels. However, domestic terminal demand recovery is slow, and transactions mostly rely on existing orders. Downstream procurement is mainly sporadic rigid demand, with limited new order expansion. Overall market trading is weak, with some transaction price centers shifting slightly downward. The short-term market is expected to continue a weak and stable oscillation trend.
II. Titanium Price Summary
III. Industry Operating Rates
Affected by environmental inspections, some mines and beneficiation plants have reduced production or suspended operations, resulting in insufficient operating rates in the titanium ore market.
Titanium dioxide enterprises have increased production loads, with market operating rates maintaining high levels.
Sponge titanium enterprises are essentially at full production, with market operating rates at high levels.
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