[SMM Titanium Spot Cargo Update: Off-season Effect Continues to Take Hold, Titanium Dioxide Market in the Doldrums] SMM reported on July 16 that today's anatase titanium dioxide was quoted at 11,500-12,000 yuan/mt, unchanged from the previous working day. Rutile titanium dioxide was quoted at 12,500-13,600 yuan/mt, also unchanged from the previous working day. Chloride-process titanium dioxide was quoted at 15,400-16,800 yuan/mt, remaining unchanged from the previous working day.

[SMM Titanium Spot Cargo Update: Titanium Material Market Remains Weak, High Prices of Sponge Titanium May Be Difficult to Maintain] SMM reported on July 15 that the titanium material market continued to be sluggish, with quotes for titanium pipes (TA2/25*2mm) and pure titanium rods (TA1/20-40mm) both falling by 5 yuan/kg. Demand remained weak due to the drag from the chemical industry, while the price of sponge titanium remained high, with the average price of Grade 0 sponge titanium at 53,500 yuan/mt. Market analysis suggests that the current price of sponge titanium is inflated, and with the impact of downstream demand weakening, the market may face downward pressure in the future.

[SMM Titanium Spot Cargo Update: Supply-Demand Imbalance, Titanium Material Quotations Fluctuate and Diverge] SMM reported on July 14: Today, the quotation for sponge titanium remained stable, with Grade 1 sponge titanium priced at 50,000-51,000 yuan/mt and Grade 0 sponge titanium priced at 53,000-54,000 yuan/mt.

[SMM Titanium Weekly Review: Prices Consolidate Weakly as Market Awaits Demand Recovery] This week, the overall prices in the titanium industry chain remained in the doldrums. The quoted prices in the titanium concentrate market were temporarily stable, but transactions were sluggish. The average price of 46% grade ore was 1,675 yuan/mt, and that of 47% grade ore was 2,025 yuan/mt. Titanium dioxide prices continued to decline, with the average price of anatase type at 11,750 yuan/mt and rutile type at 13,050 yuan/mt. The chloride process price was lowered by 200 yuan to 15,400-16,400 yuan/mt. Titanium sponge prices consolidated sideways, with the average price of Grade 0 at 53,500 yuan/mt. Titanium material prices remained stable, but transactions were weak, with titanium plate at 64 yuan/kg and titanium pipe at 125 yuan/kg. Currently, the market is affected by factors such as weak demand and inventory pressure, and is expected to remain in a weak trend in the short term.

[SMM Titanium Spot Cargo Report: Dual Constraints of Raw Materials and Demand Lead to Prolonged Weakness in Titanium Dioxide Market] SMM reported on July 8 that the domestic titanium dioxide market may continue to be in the doldrums. The firm prices of sulphuric acid at the raw material end and the hidden decline in titanium concentrate ore prices have led to high costs. Insufficient support from the demand end, coupled with cautious downstream stocking, has resulted in significant inventory pressure and fierce competition among enterprises.

[SMM Titanium Spot Cargo Update: Prices Across Titanium Industry Chain Fall, Market to Remain in the Doldrums] SMM reported on July 7 that prices across the titanium industry chain have generally declined. The quoted price of domestically produced titanium concentrate has been reduced by 50 yuan/mt, high titanium slag prices have fallen by another 390 yuan from last month's low, and titanium tetrachloride prices have dropped by 100 yuan/mt. Affected by weak demand, the titanium material market has seen price pullbacks for products such as titanium plates, titanium pipes, and titanium rods. The average market price of titanium dioxide has decreased by 350 yuan, with insufficient end-use demand leading to prices continuing to hit bottom. Currently, the market as a whole is experiencing oversupply, coupled with the impact of the traditional off-season. It is expected that prices will remain weak in the short term, and attention should be paid to the recovery of demand and adjustments in capacity in the future.

[SMM Weekly Review of Titanium Spot Cargo: Titanium Dioxide Prices Under Pressure, Overall Titanium Market Remains Stable] Affected by the off-season in the industry, the quotes for titanium ore are chaotic, with overseas titanium ore occasionally sold at low prices. Downstream, multiple titanium dioxide enterprises have lowered their market quotes, while the price of sponge titanium remains stable at a high level.

[SMM Analysis: Outlook on China's Sponge Titanium Market: Export Growth & Competitive Landscape] The sponge titanium market will undergo a significant transformation in 2025. China dominates the supply side with 68% of global production capacity, and exports in the first half of the year increased by 78% year-on-year. The current market shows a clear differentiation, with Japanese companies continuing to monopolise the high-end market, while Chinese companies occupy the mid-to-low-end market with their price competitiveness. The European market has strict product quality requirements but scattered orders, the US market is restricted by tariff policies, and the Southeast Asian market faces intense price competition. The industry is facing multiple challenges, including Japan's technological leadership, the upcoming implementation of carbon tariffs in Europe, and the continued expansion of domestic production capacity.

[SMM Titanium Spot Report: Titanium Ore Prices Remain Firm, Downstream Titanium Dioxide Market Under Pressure] SMM reported on July 1st that today's market quotes for rutile titanium dioxide are 13,000-14,000 yuan/mt, and for anatase titanium dioxide are 12,000-12,800 yuan/mt, unchanged from the previous working day.

[SMM Titanium Spot Cargo Update: Titanium Dioxide Prices Continue to Decline, While Sponge Titanium Prices Remain High] On July 2, the titanium product market continued its divergent trend: titanium dioxide prices continued to decline, with rutile titanium dioxide priced at 13,250 yuan/mt and actual transactions reaching as low as 13,000 yuan/mt. Weak domestic demand, coupled with the European summer break, has put pressure on exports. Sponge titanium prices, on the other hand, rose against the trend to 53,500 yuan/mt, but high inventory levels and the launch of new capacity may constrain further price increases. It is expected that titanium dioxide prices will continue to decline in the short term, while sponge titanium prices, after remaining high, may face downward pressure.