Due to the rise in titanium ore prices after the holidays, the titanium dioxide market continues to hit new highs. The increase in raw material costs has also prompted some titanium sponge manufacturers to increase the sales price of titanium sponge from 50,000/ton to 51,000 to 52,000/ton. At the same time, most titanium sponge companies have also stopped external quotations and are waiting for market changes. The peak market season in March is approaching. It is expected that downstream demand will continue to increase, and titanium sponge companies are highly motivated to increase prices.

Yesterday (3rd) Xinjiang Xiangrun issued a price adjustment letter, raising the price of its titanium processing products by 2,000 yuan/ton. It is expected that other domestic titanium material manufacturers will also gradually increase product prices, and a new round of price changes has begun.

This week, the titanium material market is basically stable, and prices are also the same as before the holiday. However, some companies predict that a new round of price changes is imminent and have begun to hoard raw materials. External material quotations tend to be conservative, and prices tend to rise.

People in the industry often say that titanium metal is a barometer of politics and economy. When the country vigorously develops the economy, the demand and application of titanium metal will also increase significantly. The National Two Sessions in early March will play a positive role in promoting domestic economic development. It is expected that a large number of major projects involving the development of the national economy will emerge, and the demand for titanium materials and equipment will increase significantly. At the same time, we have also noticed that inflationary pressure is increasing this year, and the prices of raw materials, mainly minerals, continue to rise. This will also significantly increase the costs of production companies and make it possible for material prices to rise. It is expected that the market will usher in a new round of fluctuations in the near future. All companies should pay close attention to market changes and [Titanium House] reports and respond flexibly to ensure that they maintain a competitive advantage in the fiercely competitive industry. This week’s domestic titanium market prices are as follows:

1. Titanium sponge

Level 0 domestically produced 51,000 to 52,000 yuan/ton

Level 1 domestically produced 50,000-51,000 yuan/ton

Level 2 domestically produced 48,000 to 49,000 yuan/ton

2. Titanium and titanium alloy ingots

TA1 ingot quotation: 60,000 to 63,000 yuan/ton

TA2 ingot quotation: 57,000 to 58,000 yuan/ton

TC4 ingot quotation: 68,000 to 72,000 yuan/ton

3. Main titanium and titanium alloy materials

TA1EB slab quotation in other domestic regions: 73,000 to 75,000 yuan/ton

Domestic prices of titanium hot-rolled coils and cold-rolled coils:

Black leather roll quotation: 85,000 to 88,000 yuan/ton

Cold rolled coil quotation: 89,000 to 94,000 yuan/ton

Hot-rolled plate (1.5 meters wide) quotation: 89,000 to 94,000 yuan/ton

TA10 (TiMoNi) titanium plate quotation: 135,000 to 145,000 yuan/ton

Titanium tube billet quotation: 87~92 yuan/kg

Quotation for finished titanium tube (φ20～30mm): 125～130 yuan/kg

Quotation for finished titanium welded pipe (φ20～30mm): 120～130 yuan/kg

Quotation for finished pure titanium light rod (φ20~40mm): 120~130 yuan/kg

Quotation for finished titanium alloy (TC4) light rod (φ20～40mm): 180～210 yuan/kg