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Sponge titanium quotes increased
Sponge titanium quotes increased
At the end of September, the domestic sponge titanium market continued to run smoothly, after all, while manufacturers actively processed the previous orders, the new order signing situation was also stable, so there was no major change in the manufacturer's price implementation.
It is reported that under the influence of factors such as the increase in smelting capacity, the strong demand for high-end products and the good export market of titanium, even if the sponge titanium production continues to grow this month, the demand for factory orders is still stable, and there is no inventory pressure, so some enterprises have certain price increases.
Today, Longbai Group announced that the price of sponge titanium will be raised by 2,000 yuan / ton, and some companies will follow suit. At present, the mainstream price of the domestic 1# sponge titanium market is maintained at about 75,000 yuan / ton, and the actual transaction is greatly affected by the payment method, but some companies have clearly stated that the previous low price will no longer sign orders. The price increase of sponge titanium enterprises has a certain effect on the overall market confidence.
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