The titanium market is weak and business opportunities are emerging in the midst of changes. One week in the Chinese titanium market (June 25-30)
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This week, the domestic titanium market is mainly weak, and downstream demand has not increased. There are many customer inquiries, but the market is mainly wait-and-see. The following is a report on the main products in the titanium material market:
1. Sponge titanium weak and stable
This week, the trading situation in the sponge titanium market was relatively stable, and the overall trading volume showed a stable trend. Although the market demand is relatively weak, the supply has decreased, which provides some support for the price of sponge titanium. The transaction price of Level 1 sponge titanium remains around 60-62000 yuan/ton, while other levels correspond to Level 1 changes.
2. Titanium ingots fluctuate with sponge titanium
This week, the price of titanium ingots has declined due to factors such as the decline in raw material sponge titanium prices, weak market demand, and production cost pressures. The market expects that with the gradual recovery of demand, the price of titanium ingots is expected to experience a quarterly rebound.
3. Stable market for wide titanium plates and coils
This week, the market for wide titanium plates and coils remained relatively stable, with prices remaining at a relatively low level. Although the market demand is not strong enough, due to the relatively stable supply, there has been no significant fluctuation in market prices.
4. The price of titanium rod and wire has declined
The titanium rod and wire market experienced a certain degree of market adjustment this week, with prices experiencing a slight decline. Due to weak market demand, some titanium rod and wire manufacturers have adopted appropriate price reduction strategies to attract more demand.
5. Reduced trading volume in the titanium tube market
The overall price of titanium tubes in the market remained stable this week, but the trading volume was relatively low. Affected by factors such as weak market demand and intensified industry competition, the titanium tube market has performed relatively cautiously.
6. The titanium alloy market is recovering
The titanium alloy market gradually rebounded this week, with stable prices and a certain degree of recovery. With the strong demand in the military aerospace industry and shipbuilding industry, the demand for titanium alloys is gradually increasing, bringing certain favorable factors to the market.
Overall, the titanium market is likely to be weak this week, with prices experiencing a certain degree of decline. However, there are still expectations in the market for a rebound in demand, and at the same time, driven by the recovery of some industries, the market prospects for products such as titanium alloys are expected to gradually improve in the second half of the year. Enterprises should closely monitor market changes and reports from Titanium Home, and respond flexibly to ensure a competitive advantage in the fiercely competitive industry.
The domestic titanium material market prices this week are as follows:
1. Sponge titanium
65000 to 68000 yuan/ton domestically produced at level 0
Level 1 domestically produced 60-62000 yuan/ton
Level 2 domestically produced 57000 to 60000 yuan/ton
2. Titanium and titanium alloy ingots
TA1 ingot quotation: 80-81000 yuan/ton
TA2 ingot quotation: 76000 to 78000 yuan/ton
TC4 ingot quotation: 90-94000 yuan/ton
3. Main titanium and titanium alloy materials
Quotation for TA1EB slab in other regions of China: 93000 to 95000 yuan/ton
The price of domestic titanium hot-rolled and cold-rolled coils:
Black skin roll quotation: 92000 to 100000 yuan/ton
Cold rolled coil quotation: 112000 to 123000 yuan/ton
Quotation for hot-rolled plate (1.5 meters wide): 102000 to 110000 yuan/ton
TA10 (TiMoNi) titanium plate quotation: 165000 to 175000 yuan/ton