Latest Update in the SMM Titanium Market

Phosphoric acid prices rise with Guizhou Phosphorization (Wengfu) raising factory prices by 200 yuan per ton in April.

Green Li-ion has completed the construction of a state-of-the-art battery recycling facility in Oklahoma, USA, capable of converting black matter into battery-grade precursor cathode active material (pCAM) of up to 99 per cent purity. The technology can be seamlessly integrated into existing recycling infrastructures and is expected to improve the sustainability and profitability of the battery recycling market. SMM expects...

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

#0 zinc in Guangdong was traded at 22345~22460 yuan/mt today.

In Ningbo market, #0 zinc was traded at 22420-22755 yuan/mt. The spot prices of regular brands were quoted with discounts of 30 yuan/mt over the 2405 contract, and with premiums of 80 yuan/mt over the prices in the Shanghai market.

Mainstream traded prices of #0 zinc were 22360~22650 yuan/mt today, with 22450~22730 yuan/mt for Shuangyan zinc, and 22290~22580 yuan/mt for #1 zinc.

Today, the average price of SMM1# lead rose 225 yuan/ton to 16775 yuan/ton. The mainstream discount was 300-200 yuan/ton against the average price of SMM1# lead,ex-factory; the ex-factory prices excluding tax were 15700-15750 yuan/ton.

Silica prices are mainly stable. Currently, the operating rates of silicon companies in the south-west are still at a low level. In previous years, silicon companies in Sichuan region mostly carried out raw material procurement in mid-to-late April to prepare for the flood season in advance.