In September, the domestic titanium material market, which had been addicted for several months, gradually rebounded. The downstream demand side material consumption represented by chemical, metallurgical, and petroleum increased significantly, while the consumption of high-end manufacturing industries such as aerospace and ships did not decrease. The release of Apple's iPhone 15 opened up the application of titanium metal in the mobile civilian market, all of which brought good news to the titanium material market.



After the rise of sponge titanium in late August, production and sales were booming in September, and downstream material enterprises increased their procurement demand, leading to a comprehensive shortage of inventory in production enterprises. Before the holiday, sponge titanium production enterprises once again raised their sales prices, and the quoted price for Level 1 sponge titanium reached 54000 to 55000 yuan/ton. After the price increase, the profitability of production enterprises continues to increase, and it is expected that production will continue to increase by the end of the year, and market demand will be alleviated.



With the rise in sponge titanium prices, downstream material production enterprises have also correspondingly increased their sales quotations. The prices of titanium ingots, hot-rolled coils, and cold-rolled coils have increased by about 10% compared to August; The pure titanium portion in rod and wire materials has a relatively small increase, while the alloy portion has a relatively large increase; The prices of wide width hot-rolled and cold-rolled plates with longer production cycles have both increased to a certain extent, but they are basically stuck in promotion, and the actual transaction prices remain basically unchanged.



The titanium market in October will also enter the peak sales season, and the shortage of material supply is difficult to alleviate, and market prices will gradually rise. Of course, the titanium material market is much more complex than the sponge titanium market, mainly due to a wide variety of varieties and grades, and a more segmented use and market. Therefore, it is also impossible to conduct unified comparisons and price adjustments like sponge titanium. However, from the perspective of enterprises, production enterprises are moving towards large-scale equipment and extended industrial chains. The threshold for the titanium material industry is increasing, and enterprises need to rely on equipment and financial strength to win the market. A group of small and micro enterprises are constantly disappearing, and the degree of industrial agglomeration is increasing. The discourse power will also shift to be determined by large enterprises and capital.



The following is a report on the main products in the titanium material market:



1. Sponge titanium prices rise again



At the end of September, the price of sponge titanium rose again, and the quotation for grade 1 sponge titanium reached 54000 to 55000 yuan/ton. Production enterprises have low inventory, and there is no stock in the market, so purchasing needs to wait in line.



2. Titanium ingots continue to rise



Due to the rise in sponge titanium prices and the impact of tight supply, the price of titanium ingots continues to rise, with an increase of nearly 10%.



3. Price increase for wide titanium plates and coils



The market orders for wide titanium plates and coils have significantly increased, prices continue to rise, and production enterprises are running out of inventory. The supply period has been scheduled for one month later.



4. The quotation for titanium rod and wire has increased



The orders for titanium rods and wires have increased rapidly, and the price of pure titanium has remained stable. The price of titanium alloys has increased significantly.



5. The market for titanium pipes is stable and on the rise



The titanium pipe market, especially seamless pipe orders, has improved and the order volume has begun to increase. The price of titanium tube billets has increased, while the increase in finished tubes is not significant.



6. The price of titanium alloy materials has increased significantly



The demand for titanium alloy materials in the market has significantly increased, and some enterprises have significantly increased their alloy product quotations.



The titanium market in October will also enter the peak sales season, and the prices of titanium materials in the market will also undergo significant changes. Enterprises should closely monitor market changes and reports from "Titanium Home" to flexibly respond and ensure a competitive advantage in the fiercely competitive industry.



The domestic titanium material market prices this week are as follows:



1. Sponge titanium



Level 0 domestically produced 55000-56000 yuan/ton



Level 1 domestic production costs 54000 to 55000 yuan/ton



Level 2 domestically produced 50000 to 53000 yuan/ton



2. Titanium and titanium alloy ingots



TA1 ingot quotation: 65000 to 68000 yuan/ton



TA2 ingot quotation: 60-63000 yuan/ton



TC4 ingot quotation: 72000 to 75000 yuan/ton



3. Main titanium and titanium alloy materials



Quotation for TA1EB slab in other regions of China: 75000 to 78000 yuan/ton



The price of domestic titanium hot-rolled and cold-rolled coils:



Black skin roll quotation: 85000 to 88000 yuan/ton



Cold rolled coil quotation: 95000 to 98000 yuan/ton



Hot rolled plate (1.5 meters wide) quotation: 90-95000 yuan/ton



TA10 (TiMoNi) titanium plate quotation: 135000 to 145000 yuan/ton



Quotation for titanium tube blank: 95-952 yuan/kg



Finished titanium tube（ φ 20-30mm) Quotation: 130-140 yuan/kg



Finished titanium welded pipe（ φ 20-30mm) Quotation: 130-135 yuan/kg



Finished pure titanium rod（ φ 20-40mm) Quotation: 125-135 yuan/kg



Finished titanium alloy (TC4) rod（ φ 20-40mm) Quotation: 180-220 yuan/kg