Today's Panxi Titanium Ore Price Index for titanium ore was 1927.50, unchanged from yesterday. Market raw material prices remained stable at a high level, while concentrators faced continued cost pressures. Market purchasing remained cautious, resulting in wide price differentials for titanium ore. Imported titanium ore prices remained firm, but market supply remained ample, and some prices remained weak.
Titanium Slag
This month, the tender price for 90% high-grade titanium slag from northern enterprises was 5,850 yuan/ton, a decrease of 450 yuan/ton from the previous month. With the downstream market in a downturn, some enterprises' production capacity has decreased, and market competition is intense, leading to continued weakening prices for new orders.
Titanium Tetrachloride:
Market prices for titanium tetrachloride are 5,000-5,500 yuan/ton. Despite stable supply, new orders are under pressure, and downstream costs are high, the titanium tetrachloride market remains stable for the time being.
Titanium Sponge
Prices for consumer titanium sponge products are around 48,000-51,000 yuan/ton, with some Grade 0 titanium sponge prices around 50,000-52,000 yuan/ton. Titanium sponge market demand is weak, with new orders in August being relatively slow. Inventories at some factories have increased. Xinjiang companies will also begin reducing titanium sponge production this month, with some gradually reducing their production capacity.
Titanium Dioxide
Today's titanium dioxide price index is 13239.87, unchanged from yesterday. Titanium dioxide market prices have remained weak and stable recently, with fierce price competition. Some companies are operating at undercapacity, leading to a wait-and-see attitude in the market. Prices for some titanium dioxide are negotiated on a case-by-case basis.
