Downstream market operations are insufficient, and some companies still have maintenance plans in the later period. Procurement sentiment remains cautious, and the titanium ore market prices are temporarily stable.
Iron Ore: New orders for Panzhihua iron ore are firm, with increased market inquiries and purchases. Low-priced titanium ore has decreased, but the downstream titanium dioxide market remains weak with insufficient operational capacity.
Titanium Slag
The titanium slag market has no bidding plans this month. Downstream demand is weak, and some slag plants in Inner Mongolia are shut down due to environmental and equipment issues, resulting in low market production.
Titanium Ore
Today’s Panxi titanium ore price index is 2055, down 1 from yesterday. Prices for small and medium-sized titanium ores remain stable. The price gap between large Panxi manufacturers and small/medium mines is significant, with some discounts offered this month. Downstream demand remains weak, with cautious raw material procurement and a prevailing wait-and-see attitude in the market.