Titanium Product Market Quotation(Oct 14)
October 14 Titanium Product Market Quotes
TDD - Titanium Daily
I. Titanium Market Summary
Titanium Ore
Today, the Panxi titanium ore price index stands at 1,193.75, flat from yesterday. The overall market pattern of oversupply continues. Domestic mining enterprises maintain low operating rates with strong price-holding sentiment. Downstream procurement remains sluggish overall, with only a small volume of essential demand being fulfilled, and new signed orders are scarce. Port inventory of imported ore remains at high levels, domestic raw material supply is relatively ample, and ore merchants face shipping pressure. Market trading activity is low, with a strong wait-and-see sentiment.
Titanium Slag
This month, the price of Southwest 85% low-calcium-magnesium titanium slag was reduced by 50 yuan/ton, now executed at 4,850 yuan/ton. The high-titanium slag market is weak on both supply and demand sides, with overall operations remaining at low levels. Downstream enterprises have ample raw material inventory, new order transactions are sluggish, and manufacturers face significant shipping pressure. Acid-soluble slag end-user demand remains persistently weak, with market prices under pressure and a lack of positive catalysts.
Titanium Tetrachloride
Titanium tetrachloride is quoted at 5,800-6,000 yuan/ton. The industry is operating steadily, with enterprise quotes remaining firm. Market trading is primarily based on existing long-term contracts, with limited new spot orders. The industry supply-demand pattern shows no significant changes for the time being.
Sponge Titanium
Sponge titanium market prices remain temporarily stable. Grade 0 sponge titanium is mainly quoted at approximately 44,000-45,000 yuan/ton, while Grade 1 sponge titanium for civilian use is mainly quoted at approximately 43,000-44,000 yuan/ton. The downstream civilian market is performing sluggishly, market supply is ample, and enterprises face significant competitive pressure on shipments. Sponge titanium production and sales are in a weak balance, with prices under pressure.
Titanium Dioxide
Today, the titanium dioxide price index stands at 14,117.76, flat from yesterday. Enterprise production scheduling remains stable, with current production and delivery primarily based on previous existing orders. Market new order growth is sluggish. Downstream industries such as coatings and plastics maintain a strong wait-and-see atmosphere, with procurement mostly limited to essential small orders. The market is expected to continue its weak and stable stalemate in the short term.
II. Titanium Price Summary
III. Industry Operating Rates
Affected by environmental inspections, some mines and beneficiation plants have reduced production or suspended operations, resulting in insufficient operating rates in the titanium ore market.
Titanium dioxide enterprises have increased their production load, with market operating rates maintained at high levels.
Sponge titanium enterprises are essentially at full production, with market operating rates at high levels.
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