Titanium Market Overview(December 24, 2024)

Titanium Ore
Today, the Panxi Titanium Ore Price Index is 2082.50, which is the same as the previous working day. Titanium ore supply has decreased, miners' quotations have continued to be strong, shipments have been cautious, and market transactions have continued to stalemate. Titanium ore prices may continue to remain stable in the short term.

Titanium slag
The titanium slag market is running at a low level. In December, the bidding price of 90% low calcium magnesium high titanium slag of northern enterprises was 6950 yuan/ton, which was 200 yuan/ton higher than the previous month. In the near future, due to the reduction in downstream demand, the shipment volume of acid slag will decrease, the slag plant is under great pressure, and the acid slag operating rate may continue to decline in the later period.

Titanium tetrachloride
The market quotation of titanium tetrachloride is 6000-6400 yuan/ton. The cost of titanium tetrachloride is high, the overall market supply is relatively stable, and the market price is temporarily stable.

Sponge titanium
The price of first-grade sponge titanium civilian products is around 44,000-46,000 yuan/ton. Sponge titanium manufacturers have some orders on hand this month, mainly delivery orders, and there is no pressure on the manufacturer's inventory; with the recent narrow decline in the price of raw material magnesium ingots, production pressure has eased slightly. Sponge titanium prices are firm, downstream companies are cautious and wait-and-see, and the market is mostly on the sidelines.

Titanium dioxide
Today's titanium dioxide price index is 14749.99, unchanged from yesterday. This month, the price of ferrous sulfate, a by-product of titanium dioxide, has increased by 50 yuan/ton. The high market price is good for the titanium dioxide market. The market is operating at a high level, and the cost of raw materials is high. The titanium dioxide market continues to operate steadily.