Following price cuts by major Pan‑xi producers, the price spread of titanium ore has narrowed. Major producers have made notable destocking efforts recently, tightening raw‑material supply. Coupled with high production costs at ore‑dressing plants, some enterprises intend to hold prices firm, while most ore merchants adopt a wait‑and‑see stance.
For imported titanium ore, shipments remain sluggish. Some prices were previously cut to low levels, leading to chaotic market quotations. As import volumes of titanium feedstock gradually decline amid cost pressures, quotations from ore‑dressing plants may stabilize later. A strong wait‑and‑see sentiment prevails in the market.
In July, the bid price for 90% low‑calcium‑magnesium high‑titanium slag from northern enterprises stood at RMB 5,400 per ton, down RMB 50 per ton from June. No new round of bidding has been launched for August. Downstream operating rates have declined, curbing short‑term demand for high‑titanium slag. Ample market supply creates heavy shipment pressure. Supported by raw‑material and auxiliary‑material costs, high‑titanium slag prices remain stable for the time being.
In the off‑season, the titanium dioxide market runs weakly steady. Conditions vary across manufacturers, resulting in market divergence. Some transaction prices edge down amid overall stability. It is reported that leading producers will implement new policies at month‑end, fueling strong market caution. Titanium dioxide prices are expected to stay stable in the short run.
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