Sponge Titanium, An Important Material In The Aviation Industry, Rose 4.41% In A Single Day, Up 21% From The Same Period Last Year.

- May 18, 2019-

Sponge titanium, an important material in the aviation industry, rose 4.41% in a single day, up 21% from the same period last year.

Sponge titanium rose 3,000 yuan / ton today, reported 710 million yuan / ton, up 4.41% in a single day, up 21.37% over the same period in 2018. Recently, the main reason for the price increase of titanium sponge is that the environmental protection inspection has increased the production cost, and the price of titanium tetrachloride has continued to rise. In addition, the market demand in the near-stage has been relatively strong, and the titanium sponge is in short supply, although the production of titanium sponge has increased, but the market Supply is still tight. The mainstream price of grade 0 sponge titanium reached 70,000 yuan / ton. High-end titanium has important applications in the aviation field. The fuselage skin of the large aircraft C919, fuselage wings and other force joints, wing slides, hydraulic fuel high pressure pipeline system.