Sponge Titanium Market Trading Remains Sluggish, Prices Under Pressure [SMM Titanium Spot Express]

Published: Nov 24, 2025 18:11

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[SMM Titanium Spot Market Update: Sluggish Trading in Sponge Titanium Market, Prices Under Pressure] The sponge titanium market has seen overall sluggish trading recently, with prices failing to meet expectations for an increase. According to SMM data, on November 24, the price for Grade 0 sponge titanium was quoted at 46,000-47,000 yuan/mt, Grade 1 at 45,000-46,000 yuan/mt, and Grade 2 at 44,000-45,000 yuan/mt. Current market supply remains stable, but downstream procurement continues to be primarily driven by rigid demand. Coupled with mediocre performance in the export market in H2 and limited acceptance of high prices among domestic customers, market prices are under pressure and trading in the doldrums. The sponge titanium market is expected to remain in the doldrums in the short term.

SMM November 24, the mainstream quotations for grade 0 sponge titanium were 46,000-47,000 yuan/mt, with an average price of 46,500 yuan/mt; the average FOB price for grade 0 sponge titanium was $6,650/mt; the quotation for grade 1 sponge titanium was 45,000-46,000 yuan/mt, with an average price of 45,500 yuan/mt; the quotation for grade 2 sponge titanium was 44,000-45,000 yuan/mt, with an average price of 44,500 yuan/mt.

Recently, sponge titanium market prices failed to rise, and the overall trading atmosphere was mediocre. With current production remaining stable, downstream procurement was mainly driven by rigid demand. Meanwhile, export market performance in H2 was relatively mediocre, and domestic customers generally had low acceptance of high-priced resources, leading mainstream prices to be in the doldrums.

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.

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