Titanium: Weak Demand, Price Pressure
Today, the Panxi titanium ore price index is 1935.00, which is the same as yesterday. Panxi's price is weak and strong, and the downstream market continues to be sluggish. Yunnan titanium ore concentrators have also recovered slightly this week, and the supply has increased, but the pressure of new orders is high and the price is also relatively chaotic.
Titanium slag
This month, the bidding price of 90% low calcium magnesium high titanium slag of northern enterprises is 6,300 yuan/ton, which is 390 yuan/ton lower than last month. The bidding price of 87 slag is 5,700 yuan/ton. The cost pressure of high titanium slag is relatively large, the market operation is low, the downstream demand is weak, the shipping pressure is high, and the price continues to be low.
Titanium tetrachloride
The market quotation of titanium tetrachloride is 5,000-5,500 yuan/ton. The downstream market demand is weak, the export pressure of titanium tetrachloride is relatively large, and the price competition pressure is high. There is an expectation of price reduction in the northern region next month.
Titanium sponge
Price of first-grade titanium sponge for civilian products is around 48,000-52,000 yuan/ton, and the price of grade 0 titanium sponge in the market is around 50,000-53,000 yuan/ton. Downstream demand has weakened, and the supply and demand relationship of titanium sponge is under great pressure. In the second half of the year, large titanium sponge plants have begun to reduce production, and the market's new production capacity may also release the growth rate of production. The price of titanium sponge is temporarily stable.
Titanium dioxide
Today's titanium dioxide price index is 13447.03, which is the same as yesterday. The high inventory pressure is difficult to reduce, and the demand for titanium dioxide in the domestic and foreign markets is still sluggish. In August, two more companies in the market will have new maintenance, and the price is weak and under pressure.
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