Domestic Titanium Market Is Steadily Turning Over

Titanium sponge is affected by factors such as cost support. The quotation of titanium sponge is strong and stable. The quotations of various manufacturers have different performance. The current actual transaction price has increased slightly compared with before the holiday. Grade 1 sponge titanium is around 50,000 yuan/ton, and downstream procurement The main focus is to wait and see. Some companies are still on vacation and are waiting for the market to gradually recover after the overall resumption of work. It is expected that the titanium sponge market will maintain stable operation in the short term. Titanium sponge 0# mainstream is 52,000-53,000 yuan/ton, 1# mainstream is 51,000-52,000 yuan/ton, and 2# mainstream is 48,000-50,000 yuan/ton.

With the end of the Spring Festival, various companies are ushering in a rush to resume work. The price of titanium materials is almost the same as before the holiday. The spot inventory before the holiday is sufficient, the downstream demand is stable, and market transactions are gradually recovering. The transaction volume has increased compared with the previous year. Most of the Titanium companies are optimistic about future market expectations, and a small number of customers believe that the market will remain stable. It is expected that the titanium market may rise in the short term. The price of pure titanium ingots is around 58 yuan/kg, and the price of GR5 titanium ingots is 68-70 yuan/kg.

On the whole, the domestic titanium market has a strong willingness to raise prices, and market demand is gradually recovering. We will continue to pay attention to the actual market transactions in the future.