Titanium Price Today (23 Oct 2026): Plate, Tube, Rod & Wire

Published by Engineering Team, Shaanxi Qianyi Tuoda Technology Co., Ltd on 2026-10-23

Titanium Price Today (23 October 2026): China Market Report — Plate, Tube, Rod, Wire & Sponge

Published: 23 Oct 2026 Basis: China domestic, ex-works, RMB incl. VAT FX ref: USD/CNY 6.72

Chinese titanium prices held flat across most product forms today, but the industrial grade (Grade 1–2) end of the market is drifting lower: Grade 1 sponge titanium slipped RMB 500/t this week to RMB 43,000/t, while Grade 0 held at 44,000/t. Aerospace and certified grades are not participating in this move. If you buy industrial titanium for chemical, marine or general engineering work, you are near the bottom of this cycle — but there is no rally coming either.

Full price list — 23 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: Grade 1 sponge titanium fell RMB 500/t to RMB 43,000/t on 21 October. The Panxi titanium ore index eased to 1,187.50, down 6.25 from 1,193.75 a week earlier.

Did not move: Grade 0 sponge, all ingot grades, plate, coil, tube, rod and wire all held flat. The titanium dioxide price index was unchanged at 14,051.53.

The number that matters more than any of the above: China exported 816.92 t of sponge titanium in September, up 15.32% month-on-month and 20.27% year-on-year. Export value was USD 5.46 million, an average of roughly USD 6,690/t — essentially unchanged against the January–September average of about USD 6,740/t. Volume grew without unit price eroding. In a year of soft domestic industrial demand, that is the most reliable signal in this market.

Three forces holding prices here

1. Supply is rigid, not responsive

Chinese sponge titanium producers run at or near full capacity and inventory keeps building. Semi-process producers operate at roughly −6.49% margin and still do not cut output. The logic is simple: the capex is already sunk, so stopping the line destroys cash flow faster than selling at a loss. September's first tap from a new 60,000 t/y sponge project added further supply. Nothing in this picture supports a price recovery.

2. Demand has split into two markets

Aerospace and military orders are full but small in volume — enough to hold a floor, not enough to absorb the surplus. Chemical equipment, which takes roughly 45% of Chinese titanium consumption, is weak: tube orders are mostly final payments on existing projects, with few new large packages. Consumer electronics is the one genuinely expanding segment. Apple is funding Perryman to secure titanium supply for products including the iPhone Duo, up to USD 100 million over three years. That is a signal about where demand is going, and it is not toward commodity plate and tube.

3. The cost floor is close

Ore miners and sponge producers are both loss-making at current levels. Further concessions are limited, and there is no panic selling — downstream buyers are purchasing to need rather than dumping inventory. That combination is what has kept prices flat rather than falling.

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 mid-rate 6.7195 on 22 Oct 2026) 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 (21–22 Oct 2026); producer and trader quotations for finished mill products; General Administration of Customs monthly export statistics. FX reference: CFETS central parity rate, 22 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.