Baiyin Nonferrous Metals Copper Company Launches Public Bidding for 1 Ton of Tellurium Ingots on February 2nd

[SMM Titanium Express] In January 2026, China's sponge titanium production was approximately 23,800 tonnes, showing a slight increase of 0.42% month-on-month, with overall output remaining stable.

[SMM Titanium Express] In January 2026, China's titanium dioxide production decreased by 5.49% month-on-month, while producer inventories saw a significant drawdown, falling sharply by 7.2% month-on-month.

[SMM Magnesium Morning Session Minutes: Rain and Snow Stockpiling Boosts Short-Term Sentiment, Export Transactions Remain Sluggish] February 2, raw material side: dolomite supply tightens as leading producers halt production, prices are expected to be firm; ferrosilicon supply and demand remain stable, with market focus on the next round of steel mill pricing. Magnesium ingot side, domestic mainstream quotations hold steady at 16,600 yuan/mt, influenced by expectations of rain and snow in major production areas, some downstream users concentrated stockpiling mid-week, pushing up inquiries; however, in the foreign trade market, although inquiries increased, actual transactions were mainly sporadic orders at $2,320-2,340/mt, indicating limited demand support. Magnesium alloy benchmark prices rose with raw materials, processing fees remained firm. Magnesium powder market operated steadily, with costs rising slightly driving quotations to raise mildly. Overall, the market shows a weak expectation with domestic trade sentiment boosted but foreign trade substantive demand insufficient.