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.

Titanium Market Summary

In the Panzhihua-Xichang region, processing plants are mostly shut down, and there is a shortage of medium-grade ore for water separation plants, leading to high prices. The operating rate of titanium mines is low, and enterprises maintain firm quotations.

Market Summary

The downstream market remains sluggish, with small and medium mining enterprises facing significant pressure to sell. Market transactions are at a standstill, with high prices for raw materials, and high production costs at processing plants. Some companies have temporarily stabilized their quotations, and there is a strong sense of caution in the titanium ore market.

Titanium Slag

In December, northern enterprises quoted a price of 6,950 CNY/ton for 90% low-calcium-magnesium high-titanium slag, which is an increase of 200 CNY/ton from the previous month. The cost of raw materials remains high, leading to pressure from high slag costs. There is a tight supply of goods in the north, and market quotations are firm.