The price of titanium dioxide continues to hit bottom, while titanium sponge remains at a high level of consolidation [SMM Spot Titanium Cargo Report]

Published: Jun 30, 2025 18:59
[SMM Titanium Spot Cargo Update: Titanium Dioxide Prices Continue to Hit Bottom, While Sponge Titanium Remains High and Consolidated] SMM reported on June 30 that titanium product prices continued to diverge at month-end: the average price of rutile titanium dioxide was 13,250 yuan/mt, anatase titanium dioxide was 12,100 yuan/mt, and chloride-process titanium dioxide was 16,400 yuan/mt, with the market still in a downward trend; Grade 0 sponge titanium remained stable at 52,500 yuan/mt. The titanium dioxide market is facing weak domestic and external demand, with small and medium-sized enterprises cutting production to alleviate inventory pressure, while large manufacturers are gradually experiencing destocking pressure. Sponge titanium, on the other hand, benefits from the rigid demand of the military industry and support from emerging fields, maintaining a high level of operation. It is expected that titanium dioxide will remain in the doldrums in the short term, while sponge titanium needs to monitor changes in export orders.

SMM reported on June 30 that titanium dioxide market prices continued to be weak today: the average price of rutile titanium dioxide was 13,250 yuan/mt, that of anatase titanium dioxide was 12,100 yuan/mt, and that of chloride-process titanium dioxide was 16,400 yuan/mt; the average price of Grade 0 titanium sponge was 52,500 yuan/mt, remaining stable.

Currently, the titanium dioxide market is still in a downward trend, with the price lows continuing to decline. According to feedback from traders, market demand remains weak, coupled with the impact of overseas anti-dumping policies, leading to a significant decrease in export orders. From the perspective of June's production situation, some small and medium-sized enterprises have voluntarily cut production to alleviate inventory pressure. Although large enterprises have maintained normal production, the pressure to digest inventory has gradually emerged.

The titanium sponge market has performed relatively steadily, with prices fluctuating rangebound at a high level. There is significant support from rigid demand in the military sector, while the demand potential in emerging fields such as medical care and aerospace is gradually being released, providing additional support to the market. It is expected that titanium sponge prices will continue to run smoothly in the short term.

Looking ahead, titanium dioxide prices may remain in the doldrums, and the titanium sponge market needs to focus closely on changes in export orders. SMM will continue to track market dynamics.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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