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Analysis of Sponge Titanium Production in November 2021

Analysis of Sponge Titanium Production in November 2021

Dec 9,2021
According to Tu Duoduo's statistics, China produced 9790 tons of titanium sponge in November 2021, a year-on-year decrease of 9.18% and a month-on-month increase of 8.18%. From January to November in 2021, the total production of titanium sponge was 127,300 tons, an increase of 24.93% year-on-year, and the output from January to November 2020 increased by approximately 25,400 tons.

In November, the titanium sponge market started to recover. The output of manufacturers in Liaoning, Guizhou and other regions increased slightly, but it has not fully recovered, and the market is still insufficient.

In November, the top three domestic production areas of sponge titanium, Liaoning, Xinjiang, and Sichuan, accounted for 21%, 21%, and 19% of the total domestic production respectively.

Recently, the prices of titanium sponge raw materials and auxiliary materials have remained high. The price of magnesium ingots fluctuates between 35,000 and 38,000 yuan/ton. The price of titanium tetrachloride is stable. The cost pressure of sponge titanium enterprises is still dependent. Among them, semi-process enterprises are still under pressure, and manufacturers start construction. Low, the market is under-utilized. At present, the downstream market demand is not good, and the civilian market is sluggish. Some downstream companies are slightly resistant to high-priced titanium sponge. The market is somewhat weak. The actual transaction price is mainly negotiated. However, the cost of raw materials is high. The price of sponge titanium is temporarily stable in the short term.
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