Titanium Price Today (Oct 26, 2026): China Market Report

Published by Engineering Team, Shaanxi Qianyi Tuoda Technology Co., Ltd on 2026-10-26

Titanium Price Today (26 October 2026): China Market Report — Plate, Tube, Rod, Wire & Sponge

Titanium Price Today: China Market Report for Plate, Tube, Rod, Wire & Sponge Titanium

Published: 26 Oct 2026 Basis: China domestic, ex-works, RMB incl. VAT FX ref: USD/CNY 6.72

Chinese titanium prices opened the week unchanged across every major product form, with the industrial-grade segment sitting at the bottom of its recent band: sponge titanium Grade 0 at RMB 43,000–44,000/t and Grade 1 at RMB 42,000–44,000/t depending on channel. The one clear move is in imported ore — Mozambique 46% concentrate has fallen to RMB 1,050–1,070/t, well below domestic Panzhihua material. If you buy industrial titanium today, the price is not your problem; securing lead time and quantity flexibility at these levels is.

Full price list — 26 October 2026

Ranges reflect the mainstream transaction band for standard commercial sizes. Actual price depends on size, quantity, ultrasonic testing, certification and lead time. Flanges, fittings and machined parts carry no public list price — they are quoted against drawings.

What moved today — and what did not

Moved: imported titanium concentrate. Mozambique 46% TiO2 ore was assessed at RMB 1,050–1,070/t today (26 Oct, Mysteel port assessments: Caofeidian and Rizhao 1,070, Qinzhou 1,050), down from RMB 1,130–1,150/t earlier this month as port inventories stay heavy. High-port stocks make imported ore the weakest link in the raw-material chain.

Did not move: effectively everything else. Sponge titanium held at RMB 43,000–44,000/t (0#), 42,000–43,000/t (1#) and 41,000–42,000/t (2#) in the national market; Baoji exchange listings stood at 45,000 / 44,000 / 43,000 RMB/t respectively — the usual premium of Baoji listing prices over the national band, roughly 2%, not a price move. Domestic Panzhihua 46% ore held at RMB 1,080–1,120/t and 47% at RMB 1,100–1,150/t. Sulphate-route rutile TiO2 held at RMB 12,800–15,200/t, anatase at RMB 12,300–13,200/t, chloride-route at RMB 15,500–16,800/t. Ingot, plate, coil, tube, rod and wire were all flat.

The number that matters more than any of the above: China exported 175,850 tonnes of titanium dioxide in September, up 22.04% month-on-month and 12.49% year-on-year (Mysteel, from customs statistics). Domestic TiO2 demand is soft — the industry ran at a 71.39% operating rate in September, and mills cut list prices in mid-October — yet export volume is expanding at double-digit rates. The same pattern visible in sponge exports last month is repeating downstream: Chinese titanium-chain output is increasingly finding its clearing price abroad, which is exactly why domestic flat prices are not breaking down despite weak local demand.

Three forces holding prices here

1. Ore costs are splitting, not falling uniformly

Domestic Panzhihua 46% concentrate holds at RMB 1,080–1,120/t (26 Oct) while imported Mozambique 46% has dropped to RMB 1,050–1,070/t — imported material is now RMB 30–50/t cheaper at port, an inversion of the usual premium. Chinese domestic ore is supported by concentrated supply and disciplined shipments; import prices are set by high port inventories. Feedstock cost for sponge producers is therefore drifting down at the margin, but not collapsing — a slow squeeze, not a break.

2. Sponge output is not responding to price

Sponge producers remain near full operating rates even with Grade 1 selling at RMB 42,000–43,000/t — close to or below cash cost for higher-cost plants, with inventory continuing to build at the semi-processed stage. Capacity is sunk; halting lines destroys cash faster than selling at thin or negative margins. As long as output discipline stays absent, every RMB of demand improvement is absorbed by stock rather than price. There is no catalyst for a rebound in this configuration — but equally, producers are already loss-making, so further downside is limited.

3. TiO2 weakness caps the whole chain's sentiment

TiO2 pigment is the largest titanium-feedstock consumer, and it is the weak link: a 71.39% operating rate in September, list-price cuts by major producers in mid-October, and buying limited to hand-to-mouth needs. Until pigment demand stops deteriorating, ore and sponge prices have a ceiling. The offset is exports — September's 175,850 t of TiO2 exports, +22% MoM, is what keeps the chain volumes clearing at all.

What this means if you are buying now

How to read these prices

• Basis. All RMB figures are Chinese domestic ex-works prices, including 13% VAT. They are the reference that Chinese buyers and sellers actually transact against.
• USD column. Converted at USD/CNY 6.72 (CFETS central parity 6.7180 published 23 Oct 2026, the latest fixing before publication; the 26 Oct fixing is set this morning) for orientation only. These are not export prices.
• Why export prices differ. FOB and CIF quotations depend on VAT and export rebate treatment, export-grade packing, inland freight to port, order size and payment terms. A domestic RMB figure and an FOB quote for the same grade will not match, and should not.
• Grade equivalents. TA1 ≈ Gr1, TA2 ≈ Gr2, TC4 ≈ Gr5, TA9 ≈ Gr7, TA10 ≈ Gr12. Chinese GB and ASTM specifications are not identical in every tolerance — confirm against your drawing before ordering.
• Ranges are real. The spread inside each range reflects size, quantity, ultrasonic testing, mill certificate and lead time. A single number for "Titanium Plate" does not exist.

For current FOB or CIF quotations on Titanium Plate, seamless and welded tube, rod, wire, agitators or machined parts to drawing, send your specification and quantity — we quote against your actual requirement rather than a list price.

Sources: Shanghai Metals Market (SMM) and China Nonferrous small-metals spot assessments; Mysteel titanium and titanium dioxide price assessments; Northern Nonferrous Metals Network daily market reports (26 Oct 2026); producer and trader quotations for finished mill products; General Administration of Customs monthly export statistics. FX reference: CFETS central parity rate, 23 Oct 2026. Price ranges are compiled from multiple independent market channels and cross-checked before publication.

Published by Shaanxi Qianyi Tuoda Technology Co., Ltd., Baoji, China. Figures are compiled from public market sources and cross-checked across at least three independent channels. Prices are indicative and subject to change without notice; they do not constitute an offer or investment advice. All quotations are confirmed per order.