Titanium prices have seen a notable decrease of 1.53 CNY/KG, translating to a decline of 3.36% since the start of 2024. This downturn is reflected in trading activity associated with a contract for difference (CFD) that monitors the benchmark market for this commodity. Historically, titanium reached a peak price of 152.43 CNY in May 2022.
Looking ahead, analysts predict that titanium will trade at approximately 43.39 CNY/KG by the close of this quarter, based on insights from global macroeconomic models. Furthermore, projections suggest a potential price drop to 41.62 CNY/KG over the next 12 months.