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Market Summary

Titanium Price: The price of titanium remains high with downstream buyers taking a wait-and-see approach. Market inventory remains tight, and the price continues to stay at high levels.

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The supply and demand for Pan mine remains balanced, with miner quotations staying firm. Due to insufficient production in Yunnan and Chengde titanium mines, market prices are stable with minimal expected increases. In July, the northern titanium slag index price is 7600 CNY/ton, a decrease of 200 CNY/ton from June. Due to market and cost price impacts, factory operations remain insufficient, and the market continues to be weak.

Titanium Market Summary

The titanium ore market continues to operate steadily, with raw material prices remaining high and titanium concentrate quotes staying strong.

Titanium Slag

In July, the bidding price for northern titanium slag was CNY 7600/ton, a decrease of CNY 200/ton compared to June. Due to market and cost influences, slag production remains insufficient, and the market is operating weakly.

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Titanium Market Summary

Titanium Ore: The market remains tight, with firm quotes from suppliers. Low-priced sources are gradually decreasing, and market prices are running high and firm.

Market Summary

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.

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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.

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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.