Resending Price Adjustment Letter: Titanium Sponge Enterprises Strongly Announce Price Hikes [SMM Spot Titanium Quick Report]

SMM News on June 17: According to SMM, on June 11, a certain titanium sponge enterprise raised its offer by another 2,000 yuan/mt. Currently in the market, the offer for Grade 1 titanium sponge stands at 50,000-51,000 yuan/mt, while the offer for Grade 0 titanium sponge is at 53,000-54,000 yuan/mt.

The current titanium sponge market exhibits characteristics of structural differentiation. Demand for high-end orders in sectors such as aerospace, military industry, etc., maintains a relatively high growth rate, and the supply gap for premium products like small-particle titanium sponge and Grade 1 titanium sponge has widened. Influenced by this, the premium space for high-end titanium sponge has expanded. Correspondingly, the chemical market is experiencing weak demand, resulting in negative feedback upwards, leading to a decrease in procurement orders for the titanium plate market and a downward adjustment in the offers for pure titanium thick plates. Overall, under the dual influence of steady high-end demand and tight spot resources, the market offers for titanium sponge remain firm, but downstream procurement tends to be more rational. Market participants continue to closely monitor the dynamic evolution of the supply-demand relationship.

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