Chinese titanium pipe market sees a slight rise in enquiry
2016-11-04 09:31:11 [Print]
BEIJING (Asian Metal) 4 Nov 16 - The Chinese titanium mill products market has seen increasing enquiries over the past two weeks. Currently, mainstream prices for titanium pipe 25*1mm stand at RMB112-118/kg (USD16
“We have secured 5 tonnes of sales in November and I think we can manage 7 tonnes in total this month as we have received more enquiries these two weeks,” said a producer in South China, conveying that the local titanium mill products market has seen a slight uptick in price and enquiries over the past two weeks. The source is selling at RMB210/kg (USD30.9 /kg) ex works for TA1 titanium pipe 12*1mm with those for 25*1mm at around RMB115/kg (USD16.9/kg) ex works, up by RMB2/kg (USD0.3/kg) against early October . Additionally, he revealed that they sold about 5 tonnes of titanium pipes last month, expecting a firm price trend in the coming two weeks.
The producer, with an annual production capacity of about 200 tons of titanium pipe, adopting a make-to-order strategy, produced about 6 tonnes of titanium mill products last month. Currently, he holds around 2 tonnes of titanium pipe billet in stock.
A producer in North China echoed these sentiments when speaking with Asian Metal. They are selling at RMB105/kg (USD15.5/kg) ex works for titanium pipe 25*2mm, up by RMB2/kg (USD0.3/kg) compared with last month . “We can manage at least 8 tonnes of titanium pipe sales with current price range in November,” said the source, “I have received several enquiries this week, you do not get to receive enquiry every week . ” The source added that they sold about 4 tonnes of titanium mill products last month, including 1 ton of titanium plate and titanium wire . As prices for titanium sponge have increased, he expects a slight upward price trend of titanium mill products in the coming two weeks.
The producer, with an annual production capacity of about 300 tons of titanium mill products, produced about 4 tonnes of titanium pipes last month. Currently, he holds around 30 tonnes of titanium pipe billet in stock.
. 4-17.2/kg) ex works, a slight RMB2/kg (USD0.3/kg) increase compared with mid-October . Considering the firming up production cost, participants expect a relatively positive market in the coming two weeks. “We have secured 5 tonnes of sales in November and I think we can manage 7 tonnes in total this month as we have received more enquiries these two weeks,” said a producer in South China, conveying that the local titanium mill products market has seen a slight uptick in price and enquiries over the past two weeks. The source is selling at RMB210/kg (USD30.9 /kg) ex works for TA1 titanium pipe 12*1mm with those for 25*1mm at around RMB115/kg (USD16.9/kg) ex works, up by RMB2/kg (USD0.3/kg) against early October . Additionally, he revealed that they sold about 5 tonnes of titanium pipes last month, expecting a firm price trend in the coming two weeks.
The producer, with an annual production capacity of about 200 tons of titanium pipe, adopting a make-to-order strategy, produced about 6 tonnes of titanium mill products last month. Currently, he holds around 2 tonnes of titanium pipe billet in stock.
A producer in North China echoed these sentiments when speaking with Asian Metal. They are selling at RMB105/kg (USD15.5/kg) ex works for titanium pipe 25*2mm, up by RMB2/kg (USD0.3/kg) compared with last month . “We can manage at least 8 tonnes of titanium pipe sales with current price range in November,” said the source, “I have received several enquiries this week, you do not get to receive enquiry every week . ” The source added that they sold about 4 tonnes of titanium mill products last month, including 1 ton of titanium plate and titanium wire . As prices for titanium sponge have increased, he expects a slight upward price trend of titanium mill products in the coming two weeks.
The producer, with an annual production capacity of about 300 tons of titanium mill products, produced about 4 tonnes of titanium pipes last month. Currently, he holds around 30 tonnes of titanium pipe billet in stock.