Thị trường vonfram châu Âu tăng vọt 36%, giá APT chạm 3.000 USD/mtu trong bối cảnh nguồn cung thắt chặt

[SMM Titanium Weekly Review: Titanium Dioxide Showed Signs of Recovery; Diverging Strength Across the Titanium Industry Chain Market This Week] This week, the titanium industry chain in China showed pronounced structural divergence, with the tug-of-war between sellers and buyers across upstream and downstream segments intensifying and cost pass-through facing obstacles. Overall, the sector was characterized by a combination of weak recovery and localized strong support. Trading in upstream titanium ore and titanium slag was sluggish. Downstream processing enterprises tightly controlled costs, with procurement consistently maintained at a pace driven by rigid demand. Coupled with inventory at high levels across the industry, the raw material end remained under pressure, enterprises’ willingness to operate stayed weak, capacity release was constrained, and the supply-demand imbalance continued to stand out. In the midstream titanium dioxide segment, pressure from elevated costs of raw materials and energy sharply increased production-side strain. Enterprises held prices firm and showed a strong willingness to sell, and while domestic trade demand did not see a noticeable increase in volume—relying only on rigid-demand support—overseas markets still demonstrated a certain degree of resilience, leaving the overall market running relatively strong. The downstream sponge titanium and titanium products segments performed impressively: sponge titanium inventories remained low, and, together with robust downstream restocking demand, top-tier enterprises proactively adjusted prices, with enterprises showing strong confidence in holding prices firm. The titanium products market saw stable supply and demand: the supply-side operating rate was steady, while demand-side differentiation was evident. Civilian applications were mainly driven by rigid-demand restocking, while orders in high-end fields such as aerospace and military industries were steady. The market recovered steadily, and differences in the pace across segments of the industry chain also set the tone for subsequent market dynamics.

Tuần này, thị trường vật liệu pin gốc mangan nội địa Trung Quốc cho thấy xu hướng vận hành phân hóa. Giá mangan tetroxit cấp pin giảm nhẹ, giá mangan dioxit điện phân tăng nhẹ, còn manganat liti duy trì trạng thái cung cầu cân bằng yếu.

Trái ngược với xu hướng giá thường giảm trong mùa thấp điểm truyền thống dịp Tết Nguyên đán từ tháng 1 đến tháng 2 của những năm trước, thị trường mangan sunfat nội địa Trung Quốc gần đây đã chứng kiến một đợt tăng giá độc lập với “diễn biến mạnh trong mùa thấp điểm”, khi giá liên tục đi lên.