The Panxi region sees weak and stable prices due to a sluggish downstream market. Certain areas are experiencing decreased production, which will likely continue to weaken prices. In May, the bidding price for titanium slag in the high slag market was slightly adjusted upward compared to April due to high raw material costs and significant production pressure on companies. This week, a few slag factories in the Sichuan region have resumed production. However, downstream demand remains weak, contributing to the weak and stable operation of prices.

The titanium dioxide market is in a sluggish season, and the high-priced shipments of titanium ore face significant pressure. The prices are steadily weakening, with transaction prices often subject to individual negotiations.

The bidding price for high slag in May was slightly increased compared to April. The northern region’s high slag market is at a low operating level with low market prices, putting substantial pressure on slag factories, leading to a weak and stable market operation.

The domestic titanium ore market is temporarily stable, and downstream companies are cautiously purchasing. The price of titanium white is adjusted downwards: the price of some titanium ore is under pressure; the price of imported titanium ore is firm: the domestic supply and demand of some sources are tightly balanced. With the arrival of some imported titanium ore in the later period, the market will maintain stable operation.