China Titanium Market Commentary: Weak Sentiment Across the Chain
Domestic Titanium Ore
The overall price center for domestic titanium ore has drifted lower. Weak price support reflects a combination of factors: titanium ore plants are running at low utilization rates, and environmental inspections in some regions have further disrupted operations. New order shipments remain under pressure, leaving prices difficult to sustain. The titanium ore market continues to operate in a weak mode.
Imported Titanium Ore
The imported ore market also remains weak. Miners face heavy cost pressures, while both supply and demand continue to be subdued. Prices are at low levels, and the market is holding in a weak and stable pattern.
Titanium Slag
In August, a northern enterprise’s tender price for 90% low-calcium, low-magnesium high-titanium slag was set at 778.03 USD/ton, down 29.92 USD/ton from the July price. The high-titanium slag market is balancing weakly between supply and demand, with downstream demand basically stable. The high-titanium slag market is temporarily holding steady.
Titanium Tetrachloride
Titanium tetrachloride is quoted at 867.85–897.78 USD/ton. Production costs are stable, and the market operating rate is not high. Enterprises are keeping prices flat, and the market continues to hold steady.
Sponge Titanium
The sponge titanium market is operating in a weakly stable condition. The mainstream quote for Grade 0 sponge titanium is around 6584.47–6734.11 USD/ton, while the mainstream quote for Grade 1 civilian sponge titanium is around 6434.11–6584.47 USD/ton.
