“`html

The supply and demand for Pan mine remains balanced, with miner quotations staying firm. Due to insufficient production in Yunnan and Chengde titanium mines, market prices are stable with minimal expected increases. In July, the northern titanium slag index price is 7600 CNY/ton, a decrease of 200 CNY/ton from June. Due to market and cost price impacts, factory operations remain insufficient, and the market continues to be weak.