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Home / Metal News / Low inventory, titanium sponge market fluctuates upward [SMM Titanium Spot Cargo Express]
Low inventory, titanium sponge market fluctuates upward [SMM Titanium Spot Cargo Express]
May 15, 2025 18:46Source:SMM
[SMM Titanium Spot Cargo Flash Report: Low Inventory, Titanium Sponge Market Fluctuates Upward] SMM reported on May 15: The titanium sponge market has shown new dynamics, with individual quotes rising by another 2,000 yuan/mt. Currently, the quotes for Grade 1 titanium sponge range from 42,000 to 53,000 yuan/mt. From the perspective of market supply and demand, the demand for high-end titanium sponge orders is moderate, but some factories are experiencing tight inventory, leading to further increases in new order quotes. Some enterprises have even temporarily suspended quoting.
SMM May 15 news:
The titanium sponge market is showing new dynamics, with individual quotes rising by another 2,000 yuan/mt. Currently, the quotes for Grade 1 titanium sponge range from 42,000 to 53,000 yuan/mt. From the perspective of market supply and demand, the demand for high-end orders of titanium sponge is moderate, but some factories are experiencing tight inventory, leading to further increases in new order quotes. Some enterprises have even temporarily suspended quoting. However, due to the relatively high prices of titanium sponge, downstream customers are becoming more cautious about purchasing high-priced materials, resulting in a slightly stalemate market transaction situation.
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