On January 27th in the European city of titanium, the price of titanium sponge was US$8-9.3/kg, and that of ferro-titanium was US$7-8.5/kg of titanium. The domestic titanium market is stable today, with low titanium and iron prices at around RMB 10,600-11,000/tonne.
Internationally, it is reported that the market for ferro-titanium has been very good in the near future, and the price of ferro-titanium has continuously risen. On the one hand, its market demand increased, the European market's terminal demand increased, the purchase inquiry was active, and the price increase momentum was strong.
On the other hand, the price of ferro-titanium raw materials has increased. At present, the price of European titanium swarf has increased from US$2.3-2.35/lb to 2.45-2.5 US$/lb, and North American titanium crumbs are also priced from 2.1-2.2 US$/lb. The price rose to 2.2-2.3 U.S. dollars per pound. As a result, the global price of ferro-titanium raw materials rose, and the price of ferro-titanium also rose. Market participants expect that prices will continue to firm afterwards.
The domestic titanium market, it is reported that the Spring Festival is approaching, some of the domestic manufacturers of low-titanium iron has been discontinued, but also stop the foreign offer. Due to fluctuations in raw material aluminum prices, but not much, the recent low-titanium and iron prices have stabilized after the market has risen. As the current domestic market demand has not significantly improved, the low-titanium-iron market is still relatively cold, therefore, the price of ferrotitanium and iron changes much. The changes in raw material costs are related.
Due to the impact of domestic inflation, future investment in bulk commodities and non-ferrous metals will increase, and aluminum prices will rise in the future. Therefore, the price of ferro-aluminum raw materials will also increase. Affected by this factor, although the oversupply of ferro-titanium cannot be changed in the short-term, it is expected that the ferro-titanium will be under pressure after the festival, driven by raw materials.
In terms of titanium sponge, it is understood that the recent increase in the cost of titanium sponge and the improvement of market sales led Zunyi's titanium industry to raise the price of titanium sponge. Domestic titanium sponge manufacturers are also ready to make moves. The recent market price is expected to increase again.
In terms of titanium dioxide, yesterday, domestic titanium dioxide manufacturers raised the mainstream price of titanium dioxide to 13,500 yuan/ton, but the market transaction price has not changed significantly. According to market analysis, near the Spring Festival, the production of titanium concentrate plants has stopped production, the market supply is insufficient, and the market price has increased. At the same time, domestic market prices are also very strong, and the raw material cost of titanium dioxide will also increase.
At the same time, titanium dioxide market will be off-season, titanium dioxide market sales will be improved, the manufacturers are optimistic about the market outlook, so the market price increase before the holiday, market participants believe that the recent transaction price of titanium dioxide will also increase with the offer.
Internationally, it is reported that the market for ferro-titanium has been very good in the near future, and the price of ferro-titanium has continuously risen. On the one hand, its market demand increased, the European market's terminal demand increased, the purchase inquiry was active, and the price increase momentum was strong.
On the other hand, the price of ferro-titanium raw materials has increased. At present, the price of European titanium swarf has increased from US$2.3-2.35/lb to 2.45-2.5 US$/lb, and North American titanium crumbs are also priced from 2.1-2.2 US$/lb. The price rose to 2.2-2.3 U.S. dollars per pound. As a result, the global price of ferro-titanium raw materials rose, and the price of ferro-titanium also rose. Market participants expect that prices will continue to firm afterwards.
The domestic titanium market, it is reported that the Spring Festival is approaching, some of the domestic manufacturers of low-titanium iron has been discontinued, but also stop the foreign offer. Due to fluctuations in raw material aluminum prices, but not much, the recent low-titanium and iron prices have stabilized after the market has risen. As the current domestic market demand has not significantly improved, the low-titanium-iron market is still relatively cold, therefore, the price of ferrotitanium and iron changes much. The changes in raw material costs are related.
Due to the impact of domestic inflation, future investment in bulk commodities and non-ferrous metals will increase, and aluminum prices will rise in the future. Therefore, the price of ferro-aluminum raw materials will also increase. Affected by this factor, although the oversupply of ferro-titanium cannot be changed in the short-term, it is expected that the ferro-titanium will be under pressure after the festival, driven by raw materials.
In terms of titanium sponge, it is understood that the recent increase in the cost of titanium sponge and the improvement of market sales led Zunyi's titanium industry to raise the price of titanium sponge. Domestic titanium sponge manufacturers are also ready to make moves. The recent market price is expected to increase again.
In terms of titanium dioxide, yesterday, domestic titanium dioxide manufacturers raised the mainstream price of titanium dioxide to 13,500 yuan/ton, but the market transaction price has not changed significantly. According to market analysis, near the Spring Festival, the production of titanium concentrate plants has stopped production, the market supply is insufficient, and the market price has increased. At the same time, domestic market prices are also very strong, and the raw material cost of titanium dioxide will also increase.
At the same time, titanium dioxide market will be off-season, titanium dioxide market sales will be improved, the manufacturers are optimistic about the market outlook, so the market price increase before the holiday, market participants believe that the recent transaction price of titanium dioxide will also increase with the offer.
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