The demand for titanium ore remains stable, and the market supply and demand maintains a tight balance. The mine quotations remain firm, and some market participants have a positive outlook on the future market. It is reported that the price of large factories will increase by 150 yuan/ton in April. In USD, this is an increase of approximately $20.84/ton.

The domestic price of titanium ore in China remains high due to insufficient operations among market enterprises. Influenced by high costs, downstream enterprises are cautious in their procurement, while the overall market supply remains tight. The quotations from ore merchants also remain strong. The market for high slag titanium slag is weakly stable, with the bidding price in the North in March adjusted down by 110 yuan (around $15.28) compared to February. High cost and high slag price exert significant pressure, but the market price remains strong.

The domestic Titanium ore market is maintaining high prices due to low operational rates in businesses. Influenced by these higher costs, downstream businesses are purchasing cautiously. However, the overall market supply is still taut and miners’ quotes are also firm. The Titanium slag market is weak but stable, with the bidding price in the North in March adjusted down by 110 yuan (approx. $15.41 USD) compared to February. Due to the high costs, the pressure on the high slag price is substantial, yet the market price remains firm.