SunSirs: This Week, the Domestic First-class Titanium Sponge Market Maintained Stable Operation (February 18-22)
February 23 2024 14:42:06 SunSirs (John)
Price trend
This week, the domestic first-class titanium sponge market maintained stable operation. As of February 22, 2024, the market price of first-class titanium sponge in China was between 53,000-55,000 RMB/ton. According to the Commodity Market Analysis System of SunSirs, as of February 22, the benchmark price of domestic first-class titanium sponge was 54,000.00 RMB/ton. Compared to the beginning of the week, it remained unchanged.
Analysis review
After the Spring Festival, the titanium sponge market had seen relatively stable quotations, normal business operations, good downstream market demand, and stable supply and demand. The prices of raw materials remained high.
Market outlook
It is expected that the market price of titanium sponge will remain strong in the short term.
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