Undersupply, with sponge titanium prices remaining stable today [SMM Titanium Spot Cargo Express]

Published: May 22, 2025 18:28

Save

[SMM Titanium Spot Cargo Update: Undersupply, Sponge Titanium Prices Remain Stable Today] SMM reported on May 15: The sponge titanium market has shown new dynamics, with individual quotes rising by another 2,000 yuan/mt. Currently, the quoted price for Grade 1 sponge titanium stands at 50,000-51,000 yuan/mt. As the current price of sponge titanium is at a relatively high level, downstream buyers are generally cautious about purchasing high-priced cargo. However, supported by the tight supply of spot cargo in the market, market quotes continue to remain firm, with relatively limited downward pressure on prices.

SMM News on May 15: 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 are in the range of 50,000-51,000 yuan/mt. As the current price of titanium sponge is at a relatively high level, downstream buyers are generally cautious about purchasing high-priced goods. However, supported by the tight supply of spot cargo in the market, market quotes continue to maintain a firm trend, with relatively limited downward pressure on prices.

The current titanium sponge market is characterized by structural differentiation. The demand for high-end orders remains stable, and the inventory levels of some producers are relatively tight. Companies are systematically advancing the delivery of orders on hand, and some companies, based on the current supply-demand pattern in the market, have temporarily adopted a strategy of not quoting prices. Overall, under the dual influence of robust high-end demand and tight spot cargo resources, the titanium sponge market is showing a trend of firm quotes but a more rational purchasing mindset among downstream buyers. Market participants continue to closely monitor the dynamic evolution of the subsequent supply-demand relationship.

》Click to subscribe and view historical spot metal prices from SMM

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.

[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.

11 hours ago

Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026

[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.

11 hours ago

12 hours ago

Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up

Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.

12 hours ago