Titanium Product Market Quotation(Oct 23)
TDD - Titanium Daily
I. Titanium Market Overview
Today, the Panxi titanium ore price index stood at 1187.50, flat compared to the previous day. The downstream titanium white market performed weakly, with significant production cost pressure. Regional concentrator production loads contracted noticeably, and the overall industry output level was low. Titanium ore prices remained weakly stable. Inventory of imported titanium ore at ports was depleting slowly, new orders were scarce, and quotations remained stable recently.
In the Southwest region, the low electricity price dividend is gradually fading, cost support has loosened somewhat, and some slag plants are selling at reduced prices. Production enterprises mostly maintain low-load operations, and the pace of spot circulation is slow. Downstream buyers are purchasing in small quantities as needed, with strong bargaining intentions. The short-term market is expected to remain weakly stable.
Titanium Tetrachloride
Titanium tetrachloride was quoted at 5,800-6,000 yuan/ton. Today, the raw material liquid chlorine price was reduced by 50-100 yuan/ton, but cost support still exists. Production and sales were basically sound, and prices ran steadily.
Sponge Titanium
Sponge titanium prices remained at low levels. The mainstream quotation for Grade 0 sponge titanium was around 43,000-45,000 yuan/ton. The mainstream quotation for Grade 1 sponge titanium for civilian use was around 42,000-44,000 yuan/ton. Raw material cost prices remained firm, and sponge titanium enterprises continued to face significant cost pressure. Downstream market procurement of raw materials was cautious, market supply was sufficient, and the sponge titanium market remained under pressure.
Titanium White Pigment
Today, the titanium white pigment price index was 14051.53, flat compared to the previous day. Industry operating rates remained at a relatively high level, and supply was sufficient. Downstream demand continued to be sluggish, market shipments were under pressure, and enterprises were mostly in a wait-and-see posture, with some prices negotiated on a case-by-case basis.
II. Titanium Price Summary
III. Industry Operating Rates
Affected by environmental inspections, some mines and concentrators reduced production or suspended operations, and titanium ore market operating rates were insufficient.
Titanium white enterprises increased their production loads, and market operating rates remained at high levels.
Sponge titanium enterprises were basically at full production, and market operating rates were high.
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