Recently, the titanium ore market has remained stable. Influenced by the downstream market, there is a strong sentiment for price reduction in the titanium ore market. However, due to the reduction in raw ore supply and the shutdown of a major factory, small and medium-sized factories are not willing to reduce prices, and market quotations remain firm.

Production pressure of high titanium slag is high: This month, the bidding price of low-calcium and magnesium high-titanium slag for enterprises in the north is 7690 yuan/ton, which is 100 yuan/ton lower than last month. High slag is at a loss, and the facilities of some companies in the market are recovering, which means the supply of high slag has increased.

The market quotation for titanium tetrachloride is 6200-6600 yuan/ton. The demand for titanium tetrachloride market is not good, and the companies are not running at full capacity, so the market price is weakly stable.

The market for sponge titanium – the mainstream quotation for first-class sponge titanium civilian products is around 5.4-5.5 ten thousand yuan/ton. The demand in the downstream military market is stable, but the demand for civilian products is weak, and the market transaction is not good, so the price of sponge titanium is weakly stable.

Today’s titanium dioxide price index is 2315, up 2 from yesterday. The titanium white market has a strong wait-and-see sentiment, and the transaction price is negotiated on a case-by-case basis. Affected by market demand, the prices of new orders from some companies have been adjusted again, and the overall market price remains stable.

The prices mentioned above have been converted to USD as follows: The bidding price of low-calcium and magnesium high-titanium slag for enterprises in the north is $1,061.56/ton. The market quotation for titanium tetrachloride is $855.79-$911.36/ton. The mainstream quotation for first-class sponge titanium civilian products is around $7,451.55-$7,590.07/ton.