Titanium Market Report December 2014

The Chinese titanium market was on a downward trend in December.Asian Metal Copyright Titanium sponge producers had to lower their offers in late December, given the declining price of upstream material.Asian Metal Copyright Titanium ilmenite prices were stable this month, after a series of declines last month. With the major high titanium slag producers revising their tenders downward, by RMB20/t (USD3.27/t) compared with last month, the mainstream prices also slipped to RMB4,500-4,600/t (USD735-751/t).Asian Metal Copyright27t compared with last month, the mainstream prices also slipped to RMB4,500-4,600t USD735-751t.Asian Metal Copyright Besides, the operating rate of titanium tetrachloride producers increased slightly this month, contributing to the price drop in December.Asian Metal Copyright Besides, the operating rate of titanium tetrachloride producers increased slightly this month, contributing to the price drop in December.Asian Metal Copyright Titanium sponge producers had to lower their offers in late December, given the declining price of upstream material.

The ferrotitanium market, both domestically and internationally, continued to be quiet. With Christmas and New Year coming up, consumers also cut back on their purchase volumes and some small steel mills also reduced their output or stopped production.
.Asian Metal Copyright27t compared with last month, the mainstream prices also slipped to RMB4,500-4,600t USD735-751tAsian Metal Copyright