Currently, the cost of upstream titanium raw material increase sharply, such as the price of titanium concentrate ore raised 230%, titanium slag raised 71%, TiCl4 raised 42%,the Chinese titanium market continues its crazy, especially titanium sponge market.
The main quoted price for 1 grade titanium sponge increases to 64 thousand RMB per ton, and 0 grade titanium sponge up to 65 thousand RMB per ton, the amount of increase over 58%. Nevertheless, we have only price, but cannot buy because of shortage.Some titanium sponge manufacturers stop their production because of the environmental protection policy goes stricter.So, the titanium products and titanium alloy products will rise to a certain extent.
