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The titanium ore market continues to be strong, although the downstream market remains weak, and new orders for titanium ore are sluggish, resulting in a market with quoted prices but few transactions. In July, the northern titanium slag bidding price was 7600 CNY/ton, down 200 CNY/ton compared to June. The downstream prices have declined, and high titanium slag is operating weakly.

Market Summary

The cost of raw ore is high, and the cost pressure on intermediate ore is significant. With major companies acquiring intermediate ore, supply is tight. Processing plant operations have declined due to high prices and cost pressures, leading to firm prices for titanium concentrate.