The region of Yunnan is experiencing power restrictions, limiting the operations of some mines, including individual mine overhauls. This has resulted in a limited supply of titanium ore in Yunnan, maintaining a stable price. A major factory in Panxi is still under maintenance. Owing to an increase in the external volume of titanium ore, the supply and demand in the Panxi mining market are generally balanced, with prices remaining stable.
The Panzhihua mining quote remains strong, with recent new single transactions of titanium ore in Yunnan and Chengde being scarce and market supply limited. The prices remain strong with the titanium ore market operating stably. The titanium slag tender price of low-calcium, high-magnesium, high-titanium slag from northern enterprises this month is 7800 yuan/ton, which is $1092.25/ton, an increase of 110 yuan/ton ($15.40/ton) from the previous month. The price of titanium raw materials remains high and the production price of enterprises is still at a loss. The quotation of titanium slag enterprises is firm.
Recently, the downstream titanium dioxide market has remained steady, with businesses maintaining stable inquiries and small and medium-sized factories reporting firm prices. The titanium ore market is temporarily stable. This month, the bidding price for low-calcium, high-magnesium, high-titanium slag from northern enterprises is ¥7800 per ton, an increase of ¥110 per ton from last month. The high slag market has been running smoothly recently, and some slag factories in Inner Mongolia have resumed production. Due to downstream demand, some slag factories in the north are still shut down, and the market’s operating rate is still low.
Recently, the downstream titanium dioxide market has been stable, with businesses maintaining steady inquiries and small and medium factories giving firm quotes. The titanium ore market is currently stable. This month, the bidding price for low-calcium, high-titanium slag from northern businesses is 1095.45 USD/ton, up by 15.45 USD/ton from last month. The high-slag market has been running smoothly these days, with individual slag factories in Inner Mongolia resuming production. However, due to downstream demand, some slag factories in the north are still shut down, keeping the market operation rate low.
The downstream market inquiries are steady, with the price of Panzhihua Iron and Steel maintaining its firmness. The market transaction prices are chaotic, with some mines in Yunnan still undergoing maintenance. This has caused the market supply to be limited and the prices are temporarily stable. This month, the low calcium magnesium high titanium slag bidding price of enterprises in the north is around USD 1,098.35/ton, an increase of USD 15.49/ton compared to last month. The inventory of slag factories in the northern region is being digested and the enterprise’s offer is firm. The acid slag market is affected by weak demand and increased market supply. Yunnan slag factories are under great production pressure, and some have stopped production.
The supply of titanium ore in the Panxi region is tight, leading to a firm price trend for small and medium-sized titanium mines. Some mines in Yunnan are still under maintenance, resulting in limited market supply and stable price operations. This month, the bidding price for low-calcium, high-titanium slag from northern companies is 7800 yuan/ton (approximately $1100.28/ton), an increase of 110 yuan/ton (approximately $15.52/ton) from last month. Due to the digestion of slag factory inventory in the northern region, the company’s quotation remains firm.
The cost pressure and low inventory of titanium slag have caused a low rebound in the bidding price of high-slag in northern enterprises this month. The bidding price this month is 210 yuan/ton higher than last month, priced at 7800 yuan/ton (about $1,102.93 USD). Although the price has rebounded, the current enterprise price is still at a loss. The bidding volume is less than expected and some enterprises still intend to increase prices.
