Titanium Market Commentary: Soft Demand and Ample Supply Keep the Complex Under Pressure

Domestic Titanium Ore

The domestic titanium ore market continues to run weak, with capacity release at major mining areas keeping the supply picture comfortable. In some Panzhihua ore transactions, actual concluded prices have extended their downward slide, and resistance to signing new orders has intensified. Operating pressure on water-processing plants is becoming more pronounced, while the overall trading atmosphere remains dominated by a wait-and-see stance.