Recently, the titanium ore market has remained stable. Influenced by the downstream market, there is a strong sentiment for price reductions in the titanium ore market, with pressure on high-priced transactions in Yunnan and Chengde markets. The production pressure of high titanium slag is significant: This month, the tender price for low calcium-magnesium high titanium slag from northern companies is CNY 7690/ton, which is CNY 100/ton lower than last month. The high slag is at a loss. Recently, some companies’ facilities have resumed, leading to an increase in high slag supply.
The market price for titanium tetrachloride is between CNY 6200-6600/ton. The demand for titanium tetrachloride is poor, and companies are not operating at full capacity, resulting in a weak and stable market price. The mainstream quotation for grade one civilian sponge titanium in the sponge titanium market is around CNY 54,000-55,000/ton. The demand in the downstream military market is stable, while the civilian demand is weak, leading to poor market transactions and a weakly stable sponge titanium price.
Today’s titanium dioxide price index is 2311, an increase of 11 from yesterday. There is a strong wait-and-see sentiment in the titanium white market, with transaction prices being negotiated individually. The market is mostly waiting for news from leading companies.
In USD, the prices are as follows:
- Low calcium-magnesium high titanium slag: $1059.77/ton
- Titanium tetrachloride: $854.24-$909.67/ton
- Sponge titanium: $7447.52-$7577.36/ton