[SMM Titanium Spot Cargo Update: Under the surplus pressure of titanium sponge supply, enterprises collectively cut production to stabilize prices] SMM reported on July 24 that today, the quoted price for Grade 0 titanium sponge was 52,000-53,000 yuan/mt, for Grade 1 titanium sponge was 49,000-50,000 yuan/mt, and for Grade 2 titanium sponge was 48,000-49,000 yuan/mt.

[SMM Titanium Spot Cargo Report: Titanium Dioxide Prices Consolidate at Low Levels, Sponge Titanium Demand Weakens, Putting Pressure on Prices] On July 23, the titanium dioxide market continued its sluggish trend, with an average price of 13,050 yuan/mt for rutile type, 11,750 yuan/mt for anatase type, and 15,800 yuan/mt for chloride process type. The average price of grade 0 sponge titanium was 52,500 yuan/mt, with actual transaction prices continuing to decline. Currently, the titanium dioxide market is still operating at a low level, with some enterprises having taken maintenance and shutdown measures in response. It is expected that the market may recover in September. The sponge titanium market has been significantly affected by the decline in demand from both the military and chemical industries, putting notable downward pressure on prices, and signs of production cuts have emerged in the market. SMM will continue to monitor subsequent price trend changes.

[SMM Spot Titanium Report: High Inventory of Titanium Dioxide, Market in the Doldrums] According to SMM on July 22, the quoted price of anatase titanium dioxide was 11,500-12,000 yuan/mt today, unchanged from the previous working day. The quoted price of rutile titanium dioxide was 12,500-13,600 yuan/mt, unchanged from the previous working day. The quoted price of chloride-process titanium dioxide was 15,200-16,400 yuan/mt, down by 100 yuan/mt from the previous working day.

[SMM Titanium Spot Cargo Update: Prices Consolidate at Low Levels, Titanium Enterprises Adjust to Market Pressures] SMM reported on July 21 that the titanium dioxide market continued to operate at a low level today, with the price range remaining stable. The average market price of rutile titanium dioxide was 13,050 yuan/mt, anatase titanium dioxide was 11,750 yuan/mt, and chloride-process titanium dioxide was 15,900 yuan/mt. The average market price of Grade 0 titanium sponge was 52,500 yuan/mt, showing characteristics of consolidation at a high level. Currently, the titanium dioxide market continues to face pressure, with some enterprises adjusting supply through maintenance or production suspension. Titanium sponge prices have experienced a correction due to downstream titanium material demand. SMM will continue to track changes in market supply and demand as well as price trends, providing timely references for the industry.

[SMM Titanium Spot Cargo Report: Prices of Sponge Titanium Generally Fall, Market Under Pressure] Today, domestic prices of sponge titanium fell across the board, with the average price of mainstream grades dropping by 1,000 yuan compared to yesterday. Affected by the downward trend in the titanium material market, the transaction price of sponge titanium continued to pull back. Currently, the market supply is stable, with new capacity gradually being released, while end-use demand shows mediocre performance. It is expected that prices will remain weak and consolidate in the short term.

[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.