In February, the domestic first tier sponge titanium market first rose and then stabilized. Large enterprises have made an upward adjustment of around 2000 yuan.

According to the data monitoring system of Shengyishe, as of February 28th, the benchmark price of first-class sponge titanium in Shengyishe was 54000.00 yuan/ton, an increase of 4.85% compared to the beginning of this month (51500.00 yuan/ton).

In terms of cost:

In February, due to factors such as high cost and rising electricity prices, several production companies raised the price of sponge titanium. After the Spring Festival, the high titanium slag market started operating normally with sufficient inventory, but the high price of raw titanium ore put pressure on the production cost of high titanium slag; In addition, the shutdown of some slag plants has led to weak and stable market operation. In addition, the impact of imported titanium rich materials has led to weak operation of the high titanium slag market.

In terms of downstream demand:

After the Spring Festival, the market gradually recovered. The demand in the military industry market is stable, with a slight increase in demand for civilian products.

Post forecast:

According to the prediction of sponge titanium analysts from Business Society, the sponge titanium market will operate steadily in March due to factors such as the release of new market capacity, increased production, and high support for raw materials. More attention should be paid to market news guidelines.