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.