Miners are fulfilling previous orders and are beginning to negotiate new market orders. The Panxi titanium ore market is observing a wait-and-see sentiment with prices continuing to remain high. There is good demand in the high titanium slag market, and some companies have been soliciting bids recently. However, due to high prices of titanium raw materials, the quotation of titanium slag remains firm.

The overall supply of titanium ore is tight while the downstream demand remains stable, resulting in high prices for titanium ore. There is a robust demand for imported titanium ore from Mozambique with 46% titanium content: companies are scheduled to place orders till April and May, and the price for new orders has been slightly adjusted upwards.

The price of Panzhihua mining’s new single quote remains firm, with a business quote above 317.47 USD/ton. The price for April in large factories will be increased by 20.74 USD/ton, leading to a strong wait-and-see sentiment in the market. Yunnan titanium ore prices also remain stable temporarily, and titanium ore prices will continue to operate at a high level.

The price for the new orders of Panzhihua Iron and Steel remains strong at approximately $318.26/ton. The large factories will increase the price by nearly $20.76/ton in April, which elicits a wait-and-see sentiment in the market. Recently, there has been an increase in inquiries for Chengde Titanium Ore, and the business quotation remains at a high level.

The prices of raw materials in the mines are remaining strong. In the Panxi region, titanium ore enterprises are not operating at full capacity, leading to a tight supply in the market. The new order quotation remains at CNY 2300/ton, which is equivalent to approximately USD 319/ton. For April, the large factories plan to increase their prices by CNY 150/ton, equivalent to approximately USD 20.8/ton, which has led to a wait-and-see sentiment in the market.

The market quotation for Titanium Tetrachloride is between 876-946 USD/ton. The market supply is tense and the cost of titanium raw material remains high, resulting in the cost of Titanium Tetrachloride also staying high. Consequently, the price of Titanium Tetrachloride is stable.

The demand for titanium ore remains steady, with the market maintaining a tight balance between supply and demand. The miners’ quotation remains strong, and some market participants are optimistic about the future market. It is reported that the price of a major factory will increase by 150 yuan/ton (20.84 USD/ton) in April. The market for titanium slag is weak and stable. The bidding price in the north in March was reduced by 110 yuan (15.28 USD) compared to February due to high costs. High slag prices are under significant cost pressure, and market prices are running strong.

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.