China Titanium Market July 2025: Sponge, Ore & TiO₂ Trends

China Titanium Market Outlook: Opportunities & Challenges in Mid‑2025

As of early July 2025, the Chinese titanium market shows mixed signals amid changing economic dynamics.

Titanium sponge production surged by over 20% year-on-year to 190,000+ tons (Jan–Sep 2024). However, production significantly outpaced demand, leading to high inventories and production cuts.

• Grade 1 sponge titanium trades around ¥53,500/ton (≈ $6,100/ton)

Titanium sponge, particularly Grade 0, remains firm thanks to stable military demand and tight inventories, while civilian demand stays moderate. Production schedules extend into late July .

Titanium ore is under pressure: domestic 46/10-grade prices hover at ¥2,160–2,180/ton; 38-grade around ¥1,550–1,600/ton; and 47/20-grade at ¥2,300–2,350/ton. Mozambique ore CIF price sits near $368–370/ton; Kenyan 47–49 grade stands around $360/ton .

Titanium dioxide (TiO₂) market remains weak amid high costs.

• Rutile TiO₂ prices at ~¥13,000–14,300/ton, anatase TiO₂ ~¥12,000–13,600/ton .

• Price pressures stem from slow downstream demand and elevated raw material costs with limited room for further cuts.

Other titanium products show varied conditions:

• Ingot (pure & TC4) demand rising; prices steady at ¥52–54k/ton (pure Ti) and ¥58–60k/ton (TC4).

• Slabs/coils/plates: hot-rolled coils ¥65–73k/ton, plates ¥68–75k/ton.

• Rods/wires: pure rods ¥120–140k/ton, alloy rods ¥180–220k/ton, wire ¥140–160/kg.

• Seamless/welded pipes at ¥115–120k/ton, driven by demand for beverage-grade tubes.

• Palladium-titanium alloys rising along with Pd.

- Outlook & Strategic Implications

• Titanium sponge: High-grade products, robust military orders, and inventory constraints support stable prices.

• Titanium dioxide: With upstream weakness and cost pressures, a continued downward trend is likely.

• Titanium ore: Weak downstream consumption will sustain moderate price softness.

• Other products: Price and demand stability expected; producers should watch energy & Pd trends carefully.

- Recommendations

For producers: capitalize on the strong sponge titanium segment, control output to manage inventory, and prioritize quality/cost optimization.
For buyers: use market stability as an opportunity to secure supplies.
Agile strategy and close monitoring of steel rebound, A-share momentum, and macroeconomic trends will be crucial in steering through the next market cycle.