The price of titanium sponge fell, depending on the market in the second half of the year, the domes

2023-07-03 18:59

Affected by the Dragon Boat Festival holiday this week, there are actually only three working days, and the domestic titanium market as a whole presents a relatively stable trend. However, the recent market sales of titanium sponge have been sluggish, and the price has shown a downward trend, and the transaction price of titanium sponge in some enterprises has dropped to 60,000/ton.

Regarding the market trend of titanium sponge in the second half of the year, experts from the Baoji Titanium Industry Research Institute made the following analysis: First, due to the impact of the international economic situation, the demand for downstream industries of titanium materials continued to decrease, and the demand in the second quarter fell by about 15%. It is expected that before October, the domestic titanium sponge may still show a weak downward trend, and the price may continue to decline, but the decline will not be too large; second, after October, the economic situation may improve, and a new round of demand may be before the end of the year Stimulating the market, resulting in an increase in demand for materials, titanium sponge will also enter the peak demand season, and prices are expected to stop falling and stabilize during this period.

Overall, it is expected that the domestic titanium market will be dominated by weak markets this year. This is also a critical period for industrial integration. Production capacity will be further released and industrial competition will become more intense.

The specific market performance is as follows:

1. The trading volume of titanium sponge decreased and the price fell. The prices of raw materials such as titanium ore, magnesium metal, and titanium tetrachloride continued to fall, and the production cost of titanium sponge decreased. Although the market quotation has not changed, the transaction price of titanium sponge in some enterprises has dropped to 60,000/ton or even lower.

2. The price of titanium ingots keeps pace. The price of domestic titanium sponge continued to fall, and some manufacturers slightly lowered the ex-factory price of titanium ingots.

3. The market for wide titanium plates and coils is stable. This week, the domestic titanium plate and titanium coil market prices were generally stable, and the transaction price was the same as last week.

4. The market and price of titanium rods and wires are relatively stable: the domestic market demand and prices of titanium rods and wires remain stable this week.

5. Titanium pipes remain stable: the demand for seamless pipes in the domestic market is stable, and the market price of titanium welded pipes is weak.

6. The market price of titanium alloy is stable. Demand for titanium alloys increased and prices were stable.

It is expected that the titanium market will be weak in the near future. For further changes in the market, please pay attention to Titanium Home.

This week's domestic titanium market prices are as follows:

1. Titanium sponge

Grade 0 domestically produced 60,000 to 65,000 yuan/ton

Level 1 domestically produced 58,000 to 59,000 yuan/ton

Level 2 domestically produced 55,000 to 56,000 yuan/ton

2. Titanium and titanium alloy ingots　　

TA1 ingot quotation: 81,000 to 83,000 yuan/ton

TA2 ingot quotation: 80,000 to 82,000 yuan/ton

TC4 ingot quotation: 90,000 to 94,000 yuan/ton

3. Main titanium and titanium alloy materials