Titanium dioxide price index 2065.07

Titanium Industry Market Summary

Titanium Ore: In the Panzhihua-Xichang region, some water selection plants remain unable to resume operations in the short term. The supply of intermediate concentrates is tight. With some companies engaging in contract processing, the market for titanium concentrate experiences sluggish flow and weak, stable pricing.

Titanium Slag: This month, the bidding price for high titanium slag saw a significant decrease of 640 CNY/ton. Northern companies set the bid price for 90% low-calcium magnesium high titanium slag at 6750 CNY/ton (approximately 940.11 USD/ton). The rise in electricity prices in Liaoning this month has increased production pressures on slag plants, leading to some production halts. Operations in Inner Mongolia are also insufficient, causing losses for high-slag enterprises and difficult market conditions.

Sponge Titanium: The mainstream price for first-grade sponge titanium for civilian use is around 42,000 to 43,000 CNY/ton (approximately 5,847.14 to 5,986.18 USD/ton). High raw material costs are causing production losses for sponge titanium companies. Market quotes are firm, with downstream buyers cautiously observing, leading to a weak yet temporarily stable market.

Titanium Dioxide Pigment: Today’s titanium dioxide price index is 2065.07, down by 12 from yesterday. Recently, some companies have seen slight improvements in order intake, and with some orders on hand, inventory pressure is not significant. The market is in a low season, with weakened downstream demand and poor stocking sentiment. The overseas paper industry is sluggish, resulting in a significant drop in export orders for companies and a weak titanium dioxide market.

Source & Copyright: @TIO2PROtio2.pro