SMM October 27 news: Sponge titanium prices were concentrated at 47,000-48,000 yuan/mt for grade 0, 46,000-47,000 yuan/mt for grade 1, and 45,000-46,000 yuan/mt for grade 2, with overall weak purchasing enthusiasm from downstream. Sponge titanium exports in September rose 26.68% MoM, up 19.89% YoY cumulatively; titanium material exports reached 6,300 mt, up 6.78% MoM. The export growth was mainly boosted by demand from high-end sectors such as aerospace, with a significant increase in inquiry activity for related titanium materials. However, affected by high domestic inventory and continuous capacity expansion, the civil market showed a polarized supply-demand structure.
In the titanium dioxide market, the average price of anatase titanium dioxide was 12,000 yuan/mt, rutile type 13,300 yuan/mt, and chloride process 15,200 yuan/mt. Market transactions were mainly focused on executing previous orders, with a noticeable lack of new orders in October, reflecting weakened demand support after the September peak season. Against the backdrop of high raw material prices such as sulphuric acid and limited inventory pressure, the titanium dioxide market is expected to continue in the doldrums. Titanium dioxide exports in September were 156,300 mt, up 12.68% MoM, but cumulative exports still fell 6.48% YoY.
Export Recovery Fails to Mask Weak Domestic Demand, Market Continues Divergence Pattern [SMM Titanium Spot Cargo Express]
- Oct 27, 2025, at 7:17 pm
[SMM Titanium Spot Report: Export Recovery Fails to Mask Weak Domestic Demand, Market Continues Divergence] October 27, sponge titanium prices remained generally stable, with Grade 0 offers at 47,000-48,000 yuan/mt, while downstream procurement remained cautious. September export data showed sponge titanium exports up 26.68% MoM and titanium materials exports up 6.78% MoM, with high-end sector demand providing significant support, but the civilian market remained under pressure due to high inventory. Titanium dioxide market operated in the doldrums, with anatase type offers at 12,000 yuan/mt; September exports rose 12.68% MoM, but cumulative exports still fell 6.48% YoY, with insufficient new orders after the September peak season. Overall, the titanium industry chain sees coexisting export recovery and weak domestic demand, maintaining a structurally divergent market trend.
