The Panxi Titanium Mine maintains a strong quote with inquiries in Yunnan and Chengde regions gradually recovering, and market prices temporarily stabilizing. The high slag titanium slag market price is stable with the February northern bidding price being the same as last month. With the high cost of titanium slag, enterprises are under tremendous cost pressure. Some companies are still limiting production, but the supply and demand in the high slag market are basically balanced.
The new order quotation for titanium ore remains robust. Due to the announcement of price increase in the downstream titanium dioxide market, the price of titanium ore is stable and on the rise. The high slag market quotation remains stable. The bidding price in February in the North is the same as that of the previous month. The cost of titanium slag is high, causing great pressure on enterprise costs. Some enterprises still limit production. The supply and demand of the high slag market are basically balanced.