Titanium Products Market Trends August
Today's Panxi titanium ore price index is 1927.50, down 7.50 from the previous business day. Panxi's major mills continue to control raw ore, resulting in a tight supply of low-phosphorus titanium concentrate and firm quotes from miners. However, price pressure persists for ordinary 10-grade ore due to a downturn in the downstream market, leading to a slight decline in some new orders.
Titanium Slag
This month, northern companies began a new round of bidding, with volumes down compared to last month. Weak downstream demand continues to pressure high-grade slag shipments, leading to a wait-and-see market for prices this month.
Titanium Tetrachloride
The market price for titanium tetrachloride is 5,000-5,500 yuan/ton. While supply is stable, new orders are under pressure and downstream costs are high, the market remains stable for now.
Titanium Sponge
Prices for consumer titanium sponge products are around 48,000-51,000 yuan/ton, with some Grade 0 titanium sponge prices around 50,000-52,000 yuan/ton. Titanium sponge market demand is weak, with new orders in August being relatively slow. Inventories at some factories have increased. Xinjiang companies will also begin reducing titanium sponge production this month, with some gradually reducing their production capacity.
Titanium Dioxide
Today's titanium dioxide price index is 13239.87, down 86.83 points from the previous business day. Some companies have recently lowered their August prices, while others are currently adopting a wait-and-see approach. The titanium dioxide market is experiencing an imbalance in supply and demand, leading to a downward price trend. Some transaction prices are subject to negotiation on a case-by-case basis.
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