Titanium Product Market Quotation(Oct 28)

October 28 Titanium Product Market Quotes

1. Titanium Market Summary

Titanium Ore

Today the Panxi titanium ore price index stood at 1,177.50, flat from yesterday. Supply in the main Panxi production area is sufficient, and the price decline has temporarily paused. 46% grade ore prices are range-bound around 1,080-1,120 yuan/ton. Although inquiries have slightly warmed, downstream demand remains sluggish and actual transactions are still thin. For imported titanium ore, persistent high port inventory continues to pressure prices, with some transaction prices still soft. Destocking is slow, and prices are likely to remain weak in the short term.

High Titanium Slag

Downstream procurement for high titanium slag is primarily focused ondigesting existing inventory, with strong price-suppression sentiment and quiet new order transactions. The acid slag market continues its weak supply-demand pattern with prices holding stable at low levels. Downstream demand remains persistently soft, with transactions still dominated by long-term contract orders and overall market activity low.

Titanium Tetrachloride

Titanium tetrachloride market quotes are at 5,800-6,000 yuan/ton. Liquid chlorine surged significantly today, pushing up raw material costs and strengthening producers' price-support intentions. Industry operating rates are stable, spot supply is sufficient, and production scheduling and delivery are smooth. The short-term market is expected to remain firm and range-bound.

Sponge Titanium

The sponge titanium market remains weak. Grade 0 sponge titanium mainstream quotes are around 41,000-43,000 yuan/ton. Grade 1 civilian sponge titanium mainstream quotes are around 40,000-42,000 yuan/ton. Downstream demand is sluggish, enterprises are competing aggressively on price, and new order price information is disorderly. Prices continue to run weak and stable.

Titanium Dioxide

Today the titanium dioxide price index stood at 14,021.00, flat from yesterday. The titanium dioxide market maintained a weak and stable trend, with some actual transaction centers shifting slightly lower. Price spreads between different manufacturers continue to widen. Downstream demand remains flat, new order growth is insufficient, delivery pace for existing orders has slowed, and a strong wait-and-see atmosphere prevails in the market as participants await price announcements from leading enterprises.

2. Titanium Price Summary

3. Industry Operating Rates

Due to environmental inspections, some mines and concentrators have reduced or suspended production, leaving titanium ore market operating rates insufficient.

Titanium dioxide production loads have increased, with market operating rates maintained at high levels.

Sponge titanium enterprises are essentially at full production, with market operating rates high.

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