SMM October 28 News: Today, the quotation for titanium tetrachloride was 5,000-5,300 yuan/mt, with an increase in low-priced spot cargoes in the market.
Recently, the titanium tetrachloride market prices have shown chaotic performance, with mainstream quotations maintaining in the range of 5,000-5,300 yuan/mt. Current prices are generally at low levels, and the market exhibits a firm trend at low levels. On the cost side, the price of raw material high slag continued to decline, and chlorine gas prices also operated at relatively low levels this month. Affected by the cost decrease, some low quotations for titanium tetrachloride were lowered, leading to an increase in low-priced spot cargoes in the market. On the demand side, support is insufficient, as the market for downstream core sector sponge titanium weakened, and overall demand showed a divergent trend, further exacerbating price fluctuations in the titanium tetrachloride market.
