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Market Summary

Titanium Ore: The market remains cautious with high titanium ore prices and significant production pressure downstream. Both supply and demand are in a standoff, leading to stable but high prices.

Titanium Slag

In August, the northern enterprises’ high slag price was 7390 CNY/ton, which is a decrease of 210 CNY/ton compared to July. The high titanium ore prices contribute to high slag production costs. With demand slowing, prices are weak and running at low levels.