The downstream demand is weak, miners’ costs are high, companies have no inventory, and the price of Pangang ore remains weak and stable. The market is mostly observing the trends of major factories next month. The bidding price for high titanium slag in May has slightly increased compared to April. This week, northern companies’ bidding for titanium slag shows that raw material costs remain high, and market sentiment is cautious.
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Titanium Slag: The bidding price for high titanium slag in May saw a slight increase compared to April. Despite high raw material prices, companies are facing significant production cost pressures, while the downstream market remains weak. High titanium slag prices are stable but weak.
The Titanium ore market is weak but stable, with a persistent sentiment of price pressure. The downstream Titanium Dioxide companies are operating at high levels, with high Titanium ore prices. The bidding price for Titanium slag in May has slightly increased compared to April, with the downstream market being sluggish and high slag prices being weak but steady.
