Tuoduo Titanium Daily
I. Titanium Market Summary
Titanium Ore
Today, the Panxi titanium ore price index stood at 1,261.25, flat from the previous day. In the Panxi region, raw material supply remains persistently tight, with small and medium-sized ore merchants holding firm quotes. Downstream titanium dioxide prices remain soft, and new order procurement continues to exert strong price pressure. Purchases of raw materials remain cautious, transaction prices are stagnant, and the market is largely awaiting news from major Panxi producers.
On the import side, imported titanium raw material supply is gradually decreasing, but downstream demand remains sluggish, and market selling pressure is significant. Imported titanium ore prices remain mixed.
Titanium Slag
This month, the tender price for 90% low-calcium-magnesium high-titanium slag by northern enterprises was set at RMB 5,200/ton, down RMB 200/ton from July. Titanium raw material prices have weakened previously, reducing high-titanium slag costs. Coupled with relatively ample market supply, high-titanium slag prices remain under pressure, and the market continues to trend weakly.
Titanium Tetrachloride
The market quotation for titanium tetrachloride is RMB 5,800-6,000/ton. Supply of titanium tetrachloride in the market remains tight, and enterprises continue to hold firm quotes. It is reported that external sales of titanium tetrachloride may continue to decline going forward, and prices are expected to remain stable in September.
Titanium Sponge
The titanium sponge market continues to operate under pressure. The mainstream quotation for Grade 0 titanium sponge is around RMB 45,000-46,000/ton, and the mainstream quotation for Grade 1 civilian-grade titanium sponge is around RMB 44,000-45,000/ton. Downstream demand remains sluggish overall, with significant selling pressure. The titanium sponge market still faces supply-demand imbalance, with further low-price offers emerging in the market. The market maintains a weak stance.
Titanium Dioxide
Today, the titanium dioxide price index stood at 14,506.83, flat from the previous day. Today, the leading enterprise clarified the pricing for distributors achieving 130% of their target volume, with discounts applied upon full completion of the target. Titanium dioxide market demand remains sluggish, with significant pressure on new order shipments. Market inventory pressure remains high, and some market participants remain pessimistic about the outlook. Pricing continues to be negotiated on a deal-by-deal basis.
II. Titanium Price Summary
III. Industry Operating Rates
Titanium Ore
Raw material supply remains tight. The operating rate of titanium ore concentrators is low, with most ore merchants maintaining production shutdowns. Market operating capacity is insufficient.
Titanium Dioxide
Some titanium dioxide plants have reduced output or suspended production. The operating rate for titanium dioxide has declined.
Titanium Sponge
Due to high-temperature weather and market factors, some titanium sponge enterprises have reduced output. The market operating rate has seen a slight decline.
