Summary

In the titanium ore market, inquiries remain weak with stagnant transactions. Companies are in a wait-and-see mode with the weak but stable price of titanium ore before the holidays. In May, the price of high titanium slag increased slightly compared to April, and the high cost of raw titanium ore, especially with the increased electricity prices in the Liaoning region, puts significant production pressure on high slag companies. The downstream market is operating at a high level, and company quotes are firm, causing the price in May to be under pressure to rise.