Titanium is falling, making it difficult for processing companies

In recent days, the decline in the price of titanium sponge has not diminished, and the spot transaction price of titanium materials is also difficult to ensure that the previous steady-state trend appears to be overcast. If the market does not support major positive factors, the trend of titanium in the short term is still very weak. Downstream demand continues to be weak, and the market is fiercely competitive. Titanium processing companies are generally in a difficult position.

In terms of domestic spot, in the titanium plate market, the mainstream transaction price of 2-6mm pure titanium plate in Shanghai was 115-125 yuan/kg, and the transaction price was lowered, but failed to drive the spot trading volume. Baoji area 2-6mm pure titanium plate mainstream transaction price in the 110-120 yuan / kg, downstream demand is weak, the overall turnover in general. In the titanium rod market, the mainstream transaction price of 10-15mm pure titanium rod in Baoji region was 145-165 yuan/kg, and the mainstream transaction price of 40-50mm pure titanium rod was 135-155 yuan/kg. In recent days, the price of titanium has fallen, and the transaction has not been successful. Businessmen are crying out. The domestic spot titanium market was deserted yesterday, with fewer inquiry calls and poor traders’ shipments. In addition, some traders stated that they are not willing to replenish goods for the time being, mainly due to the unfavorable downstream demand. Sponge titanium has suffered a series of recent declines. Therefore, in the short-term, it only wants a small amount of operations and is cautious. The downstream manufacturers still maintain on-demand purchases. At present, the improvement of the downstream demand of the entire titanium market is the solution.

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According to my non-ferrous network, the global economic outlook is uncertain, the Chinese economy is gradually slowing down, and the downstream demand for titanium materials is insufficient. If the market does not support major positive factors, the trend of titanium materials in the short term is still very weak. The downstream demand continues to be weak, and the market is fiercely competitive. In the future, the price of titanium products will continue to be dominated by low-level weaknesses in the short-term.