The price of ferrotitanium in China fluctuates due to various factors such as time, region, quality and market supply and demand. The following is an overview of China’s ferrotitanium prices compiled based on the latest information:
1.Medium and low ferrotitanium prices
At present, the mainstream quotations of China’s medium and low ferrotitanium market are firm, and the specific price range is as follows:
Mainstream quotation: 12,200-12,500 yuan/ton (25 base price)
Price range: The quotations at different time points or regions may vary slightly, but the overall range remains between 12,200-12,700 yuan/ton.
2.High ferrotitanium price
The price of high ferrotitanium is relatively high, and it varies according to the quality (such as A standard and B standard):
High ferrotitanium A standard: The mainstream quotation has increased to about 28,000 yuan/ton, and the quotation in some periods or regions may be between 27,500-28,000 yuan/ton.
High ferrotitanium B standard: The mainstream quotation has been raised to about 27,000 yuan/ton, and the quotation in some periods or regions may be between 26,500 and 27,000 yuan/ton.
3.Market supply and demand
Cost drive: The rise in ferrotitanium prices is partly due to the rise in raw material costs, including the rise in the prices of raw materials such as titanium concentrate.
Market supply and demand: The supply and demand relationship of ferrotitanium is also an important factor affecting prices. When market demand is strong and supply is relatively insufficient, prices tend to rise; conversely, they may fall.
4.Price trend
Overall stability: Although ferrotitanium prices fluctuate, overall, prices have been relatively stable in the near term, and there have been no significant fluctuations.