Brief of the China Titanium Market
Supply-Demand Imbalance:
생산 기록:
- 국내 스폰지 티타늄 생산은 새로운 기록을 세웠습니다.
- 총 국내 생산이 초과되었습니다 100,000 1 월부터 5 월까지 톤.
- 한 회사는 연간 용량을 달성했습니다 80,000 톤, making it the world’s largest sponge titanium producer.
- In May, domestic sponge titanium production exceeded 23,000 톤, 에이 25% month-on-month increase.
Demand Mismatch:
- Despite significant production increases, downstream demand has not kept pace.
- Economic conditions have slowed growth in some traditional application fields.
- The military sector has also seen a decline in growth.
- This has led to a mismatch between raw material supply and demand.
Price Adjustments:
Since May, the titanium price of ore and magnesium ingots has continued to fall, providing room for adjustments in sponge titanium prices.
Sponge titanium producers face a difficult situation:
- Market mentality prefers buying on a rise, not on a fall, making price reductions less effective in attracting buyers.
- Increasing domestic inflation pressure and potential further depreciation of the renminbi complicate decision-making.
Production companies are experiencing:
- Inventory backlogs
- Difficulty selling high-priced products
- Increased discounts for large customers
Future Price Trends:
- The future trend of sponge titanium prices requires further monitoring of market dynamics.
Stable Demand for Titanium Materials:
- Demand in the titanium materials market remains stable.
- Rapid growth in demand for 티타늄 합금 바 그리고 전선 in the 3C electronics industry.
- Expansion of the export market has brought new vitality to the market.
The Titanium Price in China Market for Reference (6th June 2024)
| Product | Price Range (USD) |
|---|---|
| 스폰지 티타늄 | |
| 등급 0 Domestic | $7,929 – $8,075 per ton |
| 등급 1 Domestic | $7,778 – $7,929 per ton |
| 등급 2 Domestic | $7,500 – $7,651 per ton |
| Titanium and Titanium Alloy Ingots | |
| TA1 Ingot Quotation | $9,206 – $9,500 per ton |
| TA2 Ingot Quotation | $9,206 – $9,355 per ton |
| TC4 Ingot Quotation | $9,500 – $9,793 per ton |
| Major Titanium and Titanium Alloy Materials | |
| Pure plate quotations from other regions in China | $9,793 – $10,065 per ton |
| Hot-rolled and cold-rolled prices: | |
| Black skin coil quotation | $12,528 – $12,903 per ton |
| Cold-rolled coil quotation | $13,617 – $14,122 per ton |
| Hot-rolled plate (1.5 meters wide) quotation | $12,903 – $13,278 per ton |
| Hot-rolled plate (1.2 meters wide) quotation | $12,419 – $12,903 per ton |
| Cold-rolled plate (standard plate middle size) quotation | $13,225 – $16,359 per ton |
| TA10 (TiMoNi) titanium plate quotation | $21,071 – $22,500 per ton |
| Titanium billet quotation | $13.16 – $14.14 per kilogram |
| Finished titanium pipes (φ20-30mm) quotation | $19.40 – $20.23 per kilogram |
| Finished titanium welded pipes (φ20-30mm) quotation | $18.56 – $20.23 per kilogram |
| Finished pure titanium rods (φ20-40mm) quotation | $18.56 – $20.23 per kilogram |
| Finished titanium alloy (TC4) 막대 (φ20-40mm) quotation | $27.73 – $32.14 per kilogram |