The July bidding price for titanium slag in Northern China is 7600 CNY/ton, which has decreased by 200 CNY/ton compared to June. The market price is low, production pressure on slag plants is significant, and market supply pressure remains high. The market is maintaining a weak operation.
“`html
The titanium ore prices remain high and firm, with weak new market transactions. Downstream product cost pressure is significant due to the supply-demand dynamics, resulting in a stable titanium ore market.
“`html
The market price of Titanium Tetrachloride is quoted at 63,000-68,000 CNY per ton. The price of liquid chlorine has declined, but the price of titanium raw materials remains firm. The Titanium Tetrachloride market is operating at low capacity, and its price is stable for now. The mainstream price for first-grade sponge titanium in the civil market is around 49,000-50,000 CNY per ton, with companies facing significant pressure to sell. There are some low-priced sources entering the market, causing the mainstream price to weakly stabilize. The current Titanium Dioxide (TiO2) price index is 2139.68,525.51, an increase of 5 from yesterday. The European Union has announced the implementation of preliminary tax rates, which will be in effect for six months temporarily, increasing the pressure on titanium dioxide exports. Domestic demand has not improved, and some companies are still under inventory pressure. The titanium dioxide market is operating weakly and steadily.