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Market Summary

Titanium Price: The price of titanium remains high with downstream buyers taking a wait-and-see approach. Market inventory remains tight, and the price continues to stay at high levels.

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The supply and demand for Pan mine remains balanced, with miner quotations staying firm. Due to insufficient production in Yunnan and Chengde titanium mines, market prices are stable with minimal expected increases. In July, the northern titanium slag index price is 7600 CNY/ton, a decrease of 200 CNY/ton from June. Due to market and cost price impacts, factory operations remain insufficient, and the market continues to be weak.

Titanium Market Summary

The titanium ore market continues to operate steadily, with raw material prices remaining high and titanium concentrate quotes staying strong.

Titanium Slag

In July, the bidding price for northern titanium slag was CNY 7600/ton, a decrease of CNY 200/ton compared to June. Due to market and cost influences, slag production remains insufficient, and the market is operating weakly.