Market Summary
The processing plants in the Panxi region are mostly shut down. The supply of medium-grade ore for water selection plants is low, leading to high prices. The operating rate for titanium ore is low, and companies are maintaining strong price quotes. In the Chengde region, due to weather and market factors, selection plants are also gradually shutting down, mainly consuming inventory.
Titanium Slag
In December, the tender price for 90% low calcium-magnesium high titanium slag from northern companies is 6,950 CNY/ton, which is an increase of 200 CNY/ton from the previous month. The number of operational high titanium slag companies remains low, demand is weak, market confidence is lacking, and costs are high. The price of titanium slag remains stable.
- Price: 6,950 CNY/ton (approximately 955.38 USD/ton)
Titanium Tetrachloride
The market price for titanium tetrachloride ranges between 6,000 to 6,400 CNY/ton, and costs remain high with stable prices. The downstream sponge titanium market has risen again, with increased shipments in some areas. Low-priced sources from earlier are gradually decreasing, and the titanium tetrachloride market remains stable overall.
- Price Range: 6,000 – 6,400 CNY/ton (approximately 824.60 – 879.46 USD/ton)
Sponge Titanium
The price for first-grade civilian sponge titanium is around 44,000 to 46,000 CNY/ton. Manufacturers have some orders in hand this month, and market inventory is gradually decreasing. Downstream companies are cautiously observing, and transactions are stagnant. Due to cost impacts, market prices remain strong.
- Price Range: 44,000 – 46,000 CNY/ton (approximately 6,046.99 – 6,322.98 USD/ton)
Titanium Dioxide
The current price index for titanium dioxide is 2024.41,726.95, a decrease of 1 from yesterday. Some manufacturers have canceled discounts, mainly due to inventory reduction efforts. The overall market demand remains weak, but more companies are expected to begin maintenance in the future. The titanium dioxide market is being watched closely, with prices continuing to be negotiated on a case-by-case basis.