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.
In the titanium ore market, inquiries remain weak with stagnant transactions. Companies are in a wait-and-see mode with the weak but stable price of titanium ore before the holidays. In May, the price of high titanium slag increased slightly compared to April, and the high cost of raw titanium ore, especially with the increased electricity prices in the Liaoning region, puts significant production pressure on high slag companies. The downstream market is operating at a high level, and company quotes are firm, causing the price in May to be under pressure to rise.
The titanium ore market continues to see low interest, with companies maintaining caution in their procurement. The market’s new deal situation is weak, leading to panic among small and medium factories. The pressure to sell at high prices is significant in the market; however, Panxi’s major factories have good orders, suggesting stable prices. Titanium slag prices have rebounded: May’s high slag market bidding prices have slightly increased compared to April. The high cost of raw material titanium ore and the increase in electricity prices in Liaoning region have added to the production pressure of high slag companies. However, with the downstream market operating at high levels and firm quotes by companies, pressure on the May prices is upward.
