[ferro-alloys.com] After crazy rise of titanium sponge 0 in the earlier stage, its speed of rise slows down, main acceptance offer of titanium sponge 0 ranges from RMB 64,000 to RMB 66,000/MT, and the concluded price has large difference according to the payment method and volume of order. Concluded price including VAT of ready cash individual manufacture has reached to RMB 66,000/MT. Besides, production of titanium sponge this week will be reduced.
Offer of Ferro Titanium rises this week: ex-work price including VAT of low Ferro Titanium 30% of mill in Jinzhou, Liaoning is at RMB 9,800/mt (25% basic price); ex-work price including VAT of medium Ferro Titanium 40% of mill in Jinzhou, Liaoning is at RMB 18,000/mt (40% basic price). Main offer including VAT of High Ferro Titanium 70% (FeTi70 B，A) ranges from RMB 27,000 to 34,000/mt (waste titanium type, Physical weight).
With view to environmental protection tending to be strict, rate of operation of Titanium Ore in Panxi in China and titanium dioxide manufactures reduces, supply of Titanium Ore in India is tense, and supply of Titanium Ore in Vietnam is also tense because of restriction of export quotas. Price of titanium dioxide is hopeful to continue to rise.
- [Editor:Wang Linyan]