This week, the domestic titanium sponge production enterprises collectively raised the price of titanium sponge, titanium sponge grade 0 price up to 70,000 RMB/ton. This price adjustment for titanium sponge is the the concentrated reaction on manufactuers of titanium ore and other raw materials for the last three months, which is expected that it will take some time for the downstream market to accept the price and the current market price is lower than the enterprise offer. Part of the domestic titanium sheets factories raised the EXW price, the increase range of 3000 rmb/ton.
Baoji Titanium Material Market:
This week, there are more titanium orders in Baoji, most of the titanium sponge has not made a larger response to the rise, but the domestic part of the titanium sheet manufacturing enterprises raised the factory price, the rise in the range of 3000 RMB/ton.
GR1 ingot quotation: 76,000 ~ 79,000 RMB /ton
GR2 ingot quotation: 75,000 ~ 76,000 RMB/ton
GR5ingot quotation: 95,000 ~ 97,000 RMB/ton
Domestic hot rolled titanium sheets, cold rolled titanium sheets price:
titanium sheets in black surface quotation: 880-90000 RMB/ton
Cold rolled Titanium Sheet quotation: 123,000 ~ 130,000 RMB/ton
Hot rolled Titanium Sheet (1.5 meters wide) quotation: 9.7 ~ 99,000 RMB/ton
Titanium tube billet quotation: 100 ~ 105 RMB/kg
Finished titanium tube (Φ20 ~ 30mm) quotation: 135 ~ 145 RMB/kg
Finished pure titanium rod (φ20 ~ 40mm) quotation: 140 ~ 145 RMB/kg
Finished titanium alloy (GR5) bright rod (φ20 ~ 40mm) quotation: 250 ~ 280 RMB/kg