[SMM Spot Titanium Report: Sponge Titanium Prices Fall, Titanium Material Market in the Doldrums] SMM reported on August 6 that the average price of grade 0 sponge titanium was 50,500 yuan/mt, down 1,000 yuan from the previous working day; the average price of grade 1 sponge titanium was 49,000 yuan/mt, down 500 yuan from the previous working day; the average price of grade 2 sponge titanium was 47,500 yuan/mt, down 500 yuan from the previous working day; and the average price of titanium ingot (TA1) was 57,000 yuan/mt, down 500 yuan from the previous working day.

[SMM Titanium Spot Cargo Bulletin: A New Round of Tenders Begins, Titanium Slag Remains in Low-Level Consolidation] SMM reported on August 5 that the mainstream quotations for ordinary 90 titanium slag today were 6,300-6,500 yuan/mt, unchanged from the previous working day.

[SMM Titanium Spot Cargo Report: Titanium Dioxide Prices Continue to Hit Bottom, Weak Demand Increases Destocking Pressure on Producers] Today, the titanium dioxide market continued its downward trend, with mainstream quotations for rutile-type titanium dioxide ranging from 12,200 to 13,300 yuan/mt (average FOB price of $1,825/mt), anatase-type ranging from 11,300 to 11,600 yuan/mt, and chloride-process ranging from 14,500 to 15,500 yuan/mt (average FOB price of $2,100/mt). Overall market demand remained weak, with prices fluctuating at lows and long-term contract prices continuing to decline. Downstream customers exhibited a strong wait-and-see sentiment, anticipating further price reductions to buy the dip. Producers faced significant inventory pressure, as the traditional pricing adjustment model struggled to adapt to the rapidly changing market environment, making destocking strategies crucial. SMM will continue to monitor market trends in August, anticipating that prices will remain under pressure in the short term.

[SMM Titanium Weekly Review: Titanium Products Face Chilly Market as Off-Season Effect Proves Hard to Reverse] The titanium product market remained mediocre recently, with varied performance across categories. Titanium concentrate sentiment stayed sluggish as producers restricted raw ore shipments, while tight Sinomine Resource Group supplies supported prices for certain specifications. However, prices consolidated at lows due to weak off-season demand from downstream sectors. The titanium dioxide industry continued production cuts to stabilize prices, with some large enterprises undergoing maintenance this month to tighten supply. On the demand side, poor performance in related industries coupled with the summer off-season resulted in low purchase willingness, delaying market recovery until September. Sponge titanium faced narrowed profits due to downstream pressure on prices amid traditional demand weakness, with prices likely to remain range-bound in the short term amid expected supply contraction.

[SMM Titanium Spot Report: Titanium Dioxide Prices Continue to Decline, Tug-of-War Between Sellers and Buyers Persists] On July 31, the market prices of titanium dioxide continued to decline, with rutile-type titanium dioxide quoted at 12,200-13,300 yuan/mt (FOB $1,825), anatase-type at 11,300-11,600 yuan/mt, and chloride-process at 14,500-15,500 yuan/mt (FOB $2,100). The prices of sulphuric acid-process products were reduced by 300 yuan/mt in a single day. On the supply side, production cuts and maintenance continued, with Inner Mongolia Dadi Yuntian's new 100,000 mt capacity entering the trial production stage. On the demand side, the coating industry remained weak, with strong wait-and-see sentiment in the market. Under the current oversupply situation, prices still face downward pressure. SMM will continue to monitor market trends in August.

[SMM Titanium Spot Cargo Update: Weak Demand Leads to Pressure on Titanium Metal Prices Today] SMM reported on July 30 that the quoted price for TA1 titanium ingot was 57,000-58,000 yuan/mt, for TA2 titanium ingot was 55,000-56,000 yuan/mt, and for TC4 titanium ingot was 63,000-65,000 yuan/mt today.

[SMM Analysis: Chinese Titanium Market Review: July Snapshot] Chinese titanium market showed mixed trends in July 2025. Sulfate-process TiO₂ prices stabilized at 13,200 yuan/tonne for rutile grade while chloride-process TiO₂ fell below 15,000 yuan/tonne due to expanding capacity. Sponge titanium prices declined by 2,000 yuan/tonne with 0-grade material trading at 50,000-53,000 yuan/tonne as demand softened, prompting producers to implement 30% production cuts. Export markets remained under pressure with June TiO₂ shipments dropping 33% month-on-month, though year-to-date sponge titanium exports grew 48%. Market participants now await potential seasonal improvements during the September peak period.

[SMM Titanium Spot Cargo Update: Insufficient Civilian Demand Support Leads to Collective Price Decline of Titanium Metal] SMM reported on July 28 that today, the price of Grade 0 titanium sponge was quoted at 50,000-53,000 yuan/mt, Grade 1 titanium sponge at 48,000-49,000 yuan/mt, and Grade 2 titanium sponge at 47,000-48,000 yuan/mt.

[SMM Titanium Weekly Review: Titanium Prices Fluctuate Rangebound, Weak Demand Suppresses Market Sentiment] This week, prices across the titanium industry chain remained generally weak and consolidating, with the markets for titanium concentrate, titanium dioxide, and titanium sponge all constrained by sluggish demand. Titanium concentrate prices remained stable for the time being, but the impact of imported ore and inventory pressure suppressed market transactions. Titanium dioxide producers continued their production cut strategies, with prices of chloride-process products under pressure. Titanium sponge producers voluntarily cut production to stabilize prices, and may maintain a sideways trend in the short term. Looking ahead, the market is watching whether the traditional peak season at the end of Q3 can drive a recovery in demand, but the strength of the recovery still depends on improvements in the macroeconomic environment and exports.

[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.