Titanium sponge production analysis in May 2021

According to TDD statistics, China's titanium sponge production in May 2021 was 12,470 tons, an increase of 45.68% year-on-year and up 3.07% from the previous month. From January to May 2021, titanium sponge production accumulated to 60,056 tons, an increase of 36.39% year-on-year, which is about 16,606 tons more than the production in January-May 2020.

根据多多统计, 2021年5月中国海绵钛产量12470吨，同比增长45.68%，环比增长3.07%。2021年1-5月海绵钛产量累计60056吨，同比增长36.39%，比2020年1-5月产量增长约16606吨。

随着海绵钛产能的释放和原料供应缓解，5月份海绵钛产量有所提高，6月份随着国内新增产能的释放，预计6月份海绵钛产量将继续提升。

With the release of titanium sponge production capacity and raw material supply relief, titanium sponge production in May has increased. In June, with the release of new domestic production capacity, it is expected that titanium sponge production will continue to improve.

The top three domestic production areas for titanium sponge are Liaoning, Sichuan, and Xinjiang, accounting for 33%, 19%, and 16% of total domestic production, respectively.

海绵钛国内前三产量地区辽宁、四川、新疆，分别占国内总产量33%、19%、16%。

Military market demand for titanium sponge is strong, the market supply is tight, and the civilian market is recovering. With the overall recovery of the market, the demand for titanium sponge has increased. Raw material prices continue to rise, increasing the cost for manufacturers. Enterprises are more willing to raise prices, and the new single prices in the titanium sponge market are gradually rising. The later market prices will stabilize in an upward trend.

海绵钛军工市场需求旺盛，市场供应紧张，民用市场复苏。随着市场整体复苏，海绵钛需求有所增加。原料价格持续上涨，厂家成本不断增加，企业提价意愿较强，海绵钛市场价格新单价格逐步上行，后期市场价格将稳中上行。