State Reserve policy affected by medical titanium plate

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 , titanium wire price the price has become a castle in the air , then quickly dropped to 4.9 yuan to 50,000 yuan / ton price . 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 zirconium plate 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 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.
From the Swiss road network information currently available to view, in 2013 the total output of the industry is in a state of slight growth , the growth rate of more than between 5 % to 8 % growth in individual sectors stagnated . The annual average price is lower than in 2012 , which resulted in the majority of enterprise revenue is lower than last year. Meanwhile, the downstream product prices first drop, after drop upstream raw material prices , thus causing downstream enterprises to bear more titanium tubing pressure . Tension downstream enterprise funds , making widespread payment defaults occur within the industry . The spread of this case bottom , making 2013 the individual enterprise funds are plagued by varying degrees .
At the end of 2012 when the annual plan to do , the industry was optimistic the market will improve in 2013 . This also leads to a certain extent, when enterprises are facing a downturn , the difficulties are not sufficient to prepare . Preliminary statistics from the current point of view , in 2013 the national production of titanium sponge is still modest growth , the supply is higher than demand for titanium processing industry. When the increase in business inventories , the usual coping should be controlled in order to maintain profit margins yield . But in fact, some companies fail to make adjustments in a timely manner , yields rise, not fall , resulting in a large number of products unmarketable. The product unsalable lead enterprise funds tight , which prompted enterprises to turn to loans from financial institutions . Although you can ease the financial pressure in the short term , but also to bring greater financial costs , potentially increasing the burden on enterprises. In order to repay the loan , some companies phased cheap welded titanium tube Paohuo return funds, further exacerbating the decline in product prices , which thus caught in a vicious cycle .
After December 2013 the State Reserve policy began , some titanium sponge enterprises raise product prices , but signs of recovery as the market did not like before . Since downstream firms reflect flat, high offer titanium sponge enterprises become castles in the air , and soon dropped back to previous levels. And during the bidding , some companies did not follow the big companies with price increases, which is also reflected in the side after a long titanium sponge industry expansion has weakened the influence of leading enterprises . Manufacturers unsalable inventory into titanium sponge titanium ingots after , although the pressure of titanium sponge enterprises get some relief , but we also worry about the future market titanium rod for sale demand may be overdrawn in advance , thus making the market more difficult in 2014 .