Market Trend and Demand Aluminum prices continue to rise Will Affact the Price of Titanium Nitride

Aluminum prices continue to rise

According to data from the National Bureau of Statistics, in the first quarter, the output of alumina, electrolytic aluminum, and aluminum were 19.23 million tons, 9.76 million tons, and 13.89 million tons, respectively, representing a year-on-year increase of 13.7%, 8.8%, and 31.1%, and an average increase of 2.7% in two years. , 6.7%, 15.5%.

According to statistics from the China Nonferrous Metals Industry Association, since the beginning of this year, the price of aluminum has continued to rise, hitting a new high in the past 10 years. The average spot price in March reached 17,363 yuan/ton, a year-on-year increase of 40.8% and a month-on-month increase of 7.9%; the average spot price in the first quarter was 16201 Yuan/ton, a year-on-year increase of 20.6% and a month-on-month increase of 3.4%.

According to data from the General Administration of Customs, in the first quarter, imports of bauxite and alumina (physical volume) were 27.17 million tons and 756,000 tons, down 4.3% and 26.5% year-on-year, and the rate of decline narrowed by 2.7 and 2.8 from January to February. Percentage points; imports of aluminum scrap and unwrought aluminum were 221,000 tons and 552,000 tons, an increase of 11.2% and 156% respectively over the same period last year. In the first quarter, 1.235 million tons of aluminum products were exported, a year-on-year increase of 9.6%.

Affected by the Aluminum prices continue to rise the Titanium Nitride market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Titanium Nitride  or buy Titanium Nitride in bulk,please send an email to: sales@ozbo.com

The price of Titanium Nitride continues to be affected by factors such as market growth momentum,various opportunities and challenges.However,during the forecast period from 2020 to 2026,the global Titanium Nitride sales market is expected to continue to be above average.The growth rate will continue to increase.It is expected that from today to next week,the price of Titanium Nitride will increase to a certain extent.  

Due to changes in consumer demand,import and export conditions,and various investigations on the development of Titanium Nitride,the cost of Titanium Nitride is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Titanium Nitride  will also be affected to a certain extent.It is estimated that the cost of Titanium Nitride  will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Titanium Nitride with steady price.In order to feedback to old customers,the company is still in full operations to provide Titanium Nitride with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials Co.Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials.As a leading nanotechnology development and Titanium Nitride manufacturer,Tanki New Materials Co.Ltd dominates the market.Our professional work team provides perfect solutions to help improve the efficiency of various industries,create value,and easily cope with various challenges.If you are looking for Titanium Nitride, please send an email to: sales@ozbo.com