Titanium and Titanium Dioxide Market Commentary

The titanium supply chain exhibits mixed signals, with upstream raw materials facing pressure while downstream products show relative stability. Overall market sentiment is cautious, with participants adopting a wait-and-see approach amidst cost pressures and seasonal demand weakness.

Titanium Ore

Domestic titanium ore prices have recently stabilized. Downstream procurement remains cautious, focused on essential needs, leading to diverging sentiments among processing plants. The imported titanium ore market continues to face significant sales pressure, with most market participants in observation mode. There is an expectation for potential price declines in some segments in the near term.

High Titanium Slag

The market for high titanium slag remains depressed with low prevailing prices. The December tender price for northern enterprises was set at 765.41 USD/ton, a decrease of 7.09 USD/ton from November. In Yunnan, two plants resumed production this month, leading to a recovery in the overall operating rate for high slag facilities.

Titanium Tetrachloride

Market offers for titanium tetrachloride range from 680.41 USD/ton to 779.61 USD/ton. Despite increased raw material costs leading to high production expenses, new order quotations have held steady.

Sponge Titanium

• Civil-grade (Grade 1) sponge titanium is quoted at approximately 6378.47 USD/ton to 6661.64 USD/ton.
• Some market offers for Grade 0 sponge titanium are around 6520.50 USD/ton to 6803.67 USD/ton.