The Price of Acid-Soluble Titanium Slag Remains Stable [SMM Titanium Spot Bulletin]

[SMM Titanium Weekly Review: Insufficient Demand Growth Keeps Titanium Industry Chain Consolidating on a Weak Note in the Short Term] In the short term, the titanium industry chain lacks sustained demand growth and continues to consolidate on a weak note overall. Upstream titanium concentrates are in ample supply, and ore prices are under pressure. Titanium slag is suffering losses, with sluggish trading. Titanium dioxide is supported by peak-season orders, but downstream buyers have limited willingness to rush to buy amid continuous price rises, capping the upside. Sponge titanium supply keeps being released, and inventory pressure is hard to digest quickly. Titanium materials continue to show structural divergence, with weak civilian demand dragging down the market, while only the high-end aviation segment maintains resilience. Without the positive catalyst of concentrated downstream restocking, prices across all products are unlikely to see a significant rebound. Going forward, close attention should be paid to changes in actual end-user transactions.

Waiting for Policies and Winter Stockpiling: The “Thousand-Yuan Break” Spreads to Central China [SMM Sulphuric Acid Weekly Review]

[SMM Titanium Spot Express: Tug-of-war between sellers and buyers continued, titanium dioxide market remained stable] The titanium dioxide market moved sideways today, with ample supply coexisting with limited peak-season restocking, while cost support and weak demand offset each other, leading to a short-term consolidation on a strong note.