Overview of China Titanium Market by May 2024
Since May, the domestic titanium material market has shown a downward trend in demand, but exports have significantly increased.
From January to April:
- Domestic exports of various titanium materials reached 10,900 ton, a substantial year-on-year increase of 20%.
- Imports were 1,665 ton, a year-on-year decrease of 25%.
In terms of pricing:
- The overall market prijs for titanium materials has shown a stable, slight decline.
- Price trends for different types and specifications of titanium products have diverged.
- High-end, specialized titanium products, due to higher technical barriers, have maintained relatively stable prices and higher profit margins.
With the changing domestic and international economic situation, the titanium market will face more uncertainties.
In the short term, demand fluctuations may continue to impact market prices and the supply-demand relationship.
- Spons Titaan
- Cijfer 0 (Domestic): 52,000–53,000 RMB/ton ≈ 7,324–7,465 USD/ton
- Cijfer 1 (Domestic): 50,000–51,000 RMB/ton ≈ 7,042–7,183 USD/ton
- Cijfer 2 (Domestic): 48,000–50,000 RMB/ton ≈ 6,761–7,042 USD/ton
- Titanium and Titanium legering Ingots
- TA1 ingot: 59,000–60,000 RMB/ton ≈ 8,310–8,451 USD/ton
- TA2 ingot: 58,000–59,000 RMB/ton ≈ 8,169–8,310 USD/ton
- TC4 ingot: 60,000–63,000 RMB/ton ≈ 8,451–8,873 USD/ton
- Major Titanium and Titanium Alloy Materials
- Domestic pure slab: 63,000–65,000 RMB/ton ≈ 8,873–9,155 USD/ton
- Domestic titanium hot-rolled and cold-rolled coils:
- Black coil: 82,000–85,000 RMB/ton ≈ 11,549–11,972 USD/ton
- Cold-rolled coil: 89,000–93,000 RMB/ton ≈ 12,535–13,099 USD/ton
- Hot-rolled plate (1.5 meters wide): 83,000–86,000 RMB/ton ≈ 11,690–12,113 USD/ton
- Hot-rolled plate (1.2 meters wide): 80,000–83,000 RMB/ton ≈ 11,268–11,690 USD/ton
- Cold-rolled plate (standard size): 85,000–105,000 RMB/ton ≈ 11,972–14,789 USD/ton
- TA10 (TiMoNi) titanium plate: 145,000–155,000 RMB/ton ≈ 20,423–21,831 USD/ton
- Titanium tube blank: 85–92 RMB/kg ≈ 11.97–12.96 USD/kg
- Finished titanium tube (φ20–30mm): 125–130 RMB/kg ≈ 17.61–18.31 USD/kg
- Finished titanium welded tube (φ20–30mm): 120–130 RMB/kg ≈ 16.90–18.31 USD/kg
- Finished pure titanium bright rod (φ20–40mm): 120–130 RMB/kg ≈ 16.90–18.31 USD/kg
- Finished titanium alloy (TC4) bright rod (φ20–40mm): 180–210 RMB/kg ≈ 25.35–29.58 USD/kg