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On October 11, Longbai Group issued an announcement stating that according to factors such as market demand for sponge titanium and rising raw material prices, the company’s price committee decided that from now on, the company’s subsidiaries, Yunnan Guotitanium Metal Co.
, Ltd.
and Gansu Detong The tax-included sales price of titanium sponge products from Guotai Metal Co.
, Ltd.
will be increased by RMB 20,000/ton for various customers on the basis of the original price
.