China's Titanium Dioxide Output Down 5.49% MoM, Inventories Drop 7.2% in Jan 2026

SMM News, February 2: According to market sources, Jilang Indium Co., Ltd. of Nandan County plans to sell crude indium ingots on the 2nd of this month. The ingots have an indium content of ≥99.00%, with a total quantity of approximately 1,000 kilograms, meeting the standard YS/T 1163-2016 for crude indium. The delivery location is the warehouse of Jilang Indium Co., Ltd. in Nandan County (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, while transportation costs are to be borne by the buyer. The bidding deadline is 4:30 PM on February 2, 2026, and submissions after this time will be invalid.

[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 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.