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On May 5, the main domestic sponge titanium production enterprises raised the market quotation of sponge titanium, the quotation of grade 1 sponge titanium rose to 70,000 yuan/ton, with the average increase of 1,000 yuan/ton to 2,000 yuan/ton at all levels. The price rise has been brewing for a long time, the main causes are as follows:    1. Environmental protection causes that the production enterprises cannot produce at full capacity, and the production cost keeps increasing.By Rowlyn Mater
2. The production of titanium dioxide by chloride and sponge titanium are competing for the high-end titanium tetrachloride resources, resulting in the shortage of titanium tetrachloride resources and the price increase.By Rowlyn Mater
3. Since last year, the demand of downstream titanium products has been expanding, and the demand of titanium processing enterprises for sponge titanium products has been continuously strong.By Rowlyn Mater

These reasons add up to form the recent sponge titanium market is strong. Baoji titanium industry research institute predicted that this round of rising prices will continue to September. The research institute suggests that enterprises should pay attention to the price trend of titanium tetrachloride and other raw materials in the sponge titanium market this year, and also pay attention to the trend of two enterprises in the industry, one is xinjiang xiangsheng, the other is dragon python baililian. When dragon python bailian acquired yunnan xinli 10,000-ton sponge titanium production line, when henan jiaozuo sponge titanium factory was built, and when xiangsheng sponge titanium entered the market, these key time points will have a huge impact on the domestic sponge titanium market. Therefore, in general, the domestic sponge titanium overcapacity will continue, the competition will be more brutal, the recent price of sponge titanium bullish, the future price of sponge titanium will probably be bearish.By Rowlyn Mater