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Titanium Slag: High temperature cost pressure is significant, downstream prices are low, and slag factory inventories are operating. Many enterprises are waiting for a new round of bidding.
Raw Material Costs: High raw material costs have given small and medium-sized miners strong confidence in their quotations. The downstream market is maintaining a wait-and-see approach, keeping the titanium ore market stable.
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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.