13 years of industry subsidence trough titanium sponge titanium industry-wide losses

‍013 years of industry subsidence trough titanium sponge titanium industry-wide losses
December 2013 Titanium Market Review

This month perovskite thin market , aerospace investment casting traders expect downstream manufacturers can then take advantage of the phenomenon appears Dongchu stocking raise ore price , but on the downstream market before the Spring Festival perovskite save more bearish attitude , procurement were significantly hesitate Dongchu stocking phenomenon later later in the future. And near the end , the buyer Yakuan serious , some businesses are willing to boost sales of low-cost shipping return cash flow. Imported ore more or less supported by the outer disk costs , limited the decline , while the Panzhihua region ore price confusion, repeated exposure to small factory prices low.
New Year's Eve , some Chinese companies have discontinued slag and advance into the Chinese New Year holiday state. Given the current trading price of the product is too low, the majority of companies have presented a loss. Affected companies choose slag based on customer orders to schedule production, lower overall industry operating rates. Meanwhile, the 2013 annual market performance is more sluggish domestic acid soluble chloride slag and slag showed a state of oversupply . titanium bicycle frames According to the Swiss road network is understood that there are some domestic enterprises chloride slag small amount of inventory , and the acid-soluble slag inventory is relatively high. In addition, due to the widespread downstream buyers to delay the payment date , the current domestic enterprises slag poor liquidity and high financial costs.
State Reserve policy affected by early December , some titanium sponge titanium sponge enterprises to improve the sales price , the highest price of 0 # titanium sponge over 52,000 yuan / ton. However, due to the downstream repercussions dull , no corporate procurement , the price has become a castle in the air , then quickly dropped to 4.9 yuan to 50,000 yuan / ton price . Titanium Casting Golf Heads According to a company official said titanium sponge , although the state had acquired a certain size , but because of the large amount of inventory on the market earlier , coupled with the downstream demand is not ideal , so despite favorable policies , but did not change the current market downturn titanium sponge trend. As of the end of December 2013 , the domestic price of titanium sponge is only 1000 yuan / ton symbolically raised , and the actual volume is still maintained at a low level. In addition, the purchasing and storage operations led some companies to obtain the melting orders for titanium ingot processing enterprises inject some vitality. However, due to the downstream market remains in the doldrums , making the purchasing and storage policies benefiting a narrow face .
Subsidence trough titanium sponge titanium industry wide losses
Throughout 2013 , we can say the whole titanium industry has experienced a very difficult year , the most obvious manifestation is the price of all products falling almost all year . Among them, the import price of titanium dropped from the beginning of 2300 yuan / ton to the end of 1600 yuan / ton , down 30% ; 90 slag fell from the beginning of 8000 yuan / ton to 5,800 yuan to 6,000 yuan / ton , down more than 25% ; 0 # titanium sponge price from 66,000 yuan in early / ton decreased to 4.9 yuan to 50,000 yuan / ton, down about 25 %. Currently, the price of titanium sponge was significantly lower than its cost , the titanium bicycle part companies are operating at a loss situation, few companies have been forced to stop production .
Affected by the downturn in the overall economic environment in 2013, non-ferrous metals industry generally face greater difficulties. Under this background , the titanium industry is not immune . Downstream products unsalable forcing down prices upstream manufacturers of raw materials, while the upstream companies had gradually compromise, bottom- price surges gradually spread to the entire industry . In addition, various manufacturers feel uncomfortable phenomenon is the decline in prices can not be picked up in exchange for sales , customer purchases always in tepid state.