Medium-grade ore: Limited supply with high and firm prices. Beneficiation plants face high cost pressures, while market inquiries and purchases are weak. Traders have some inventory, and the market is cautiously waiting and seeing.
Titanium Slag: This month, the bidding price for 90% low-calcium magnesium high-titanium slag in northern enterprises is 879.04/ton, down 54.42/ton from last month. The bidding price for 87 slag is 795.38/ton. High-titanium slag faces significant cost pressure, low market activity, weak downstream demand, and high shipment pressure, with prices remaining low.
Pan Ore Price: Weak but firm. Downstream market remains sluggish. Some Yunnan titanium ore processing plants resumed operations this week, increasing supply. However, new order sales face pressure, and prices are chaotic.
Titanium Ore Market: The market remains weak with a strong wait-and-see attitude. Price pressure is severe, and new order shipments face significant challenges. Some miners report increased inventory, while high raw material costs keep prices temporarily firm.
The domestic titanium ore market is experiencing a decline in production due to weak downstream demand. Miners face high pressure to sell, making it difficult to close deals at high prices, leading to a stable but weakening market.