Both supply and demand decrease, and the titanium market is flat after the price increase
In late October, the price of titanium material increased by 20-25% with titanium sponge, and the price increase has not been recognized by the market. Inventory before the price increase of sponge titanium, although the quotation has risen, the market price has not been fully implemented at the new price, and the price difference is large. The low-priced titanium materials on the market sell well, while the high-priced titanium materials are difficult to sell, and the market has entered a stalemate.
This week, the price of titanium ore basically remained stable, and the market demand decreased. This week, the titanium dioxide market is stable, and downstream customers have yet to accept price increases. The market price of titanium tetrachloride was stable, the price of magnesium metal plummeted, and the market of titanium sponge was stable and sales were not smooth.
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