In April, the domestic titanium tetrachloride market saw steady growth. According to the monitoring system of Shengyishe, as of April 29th, the benchmark price of titanium tetrachloride in Shengyishe was 10825.00 yuan/ton, an increase of 1.41% compared to the beginning of this month (10675.00 yuan/ton).
Raw material side: In April, the market price of titanium concentrate in the Panxi region remained stable, with a moderate to weak trend. According to the monitoring system of Shengyishe, as of April 29th, the benchmark price of Shengyishe titanium concentrate was 2300.00 yuan/ton, a decrease of -0.72% compared to the beginning of this month (2316.67 yuan/ton).
The market price of high titanium slag raw materials has rebounded. Due to the high level of titanium ore and the rise in electricity prices in Liaoning region, the cost of enterprises has been under pressure, and the quotation is firm.
The demand for downstream sponge titanium market has increased, and the market trading atmosphere is good.
Business Society’s titanium tetrachloride analyst believes that the high cost side of titanium tetrachloride is under pressure, and downstream sponge titanium market demand has increased, creating a good trading atmosphere in the market. Recently, market prices have remained stable.
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