The tender price for high slag market in May slightly increased compared to April, however, the downstream market remained sluggish. The price for high slag is weakly stable. The market price for Titanium Tetrachloride ranges from $871.38 to $940.73 per ton. The price of Titanium Tetrachloride is low due to stable raw material prices and high production pressure from companies, hence, the market for Titanium Tetrachloride continues to be under pressure.

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.