Hate to break the news to you, but there isn't a commodities market
for titanium futures, as succinctly explained during the Q&A at a
financial meeting for a titanium company:
TITANIUM METALS CORPORATION
TWST: Are there any instruments for hedging your raw material supply?
Mr. Martin: There is really no organized exchange for titanium, and
one of the reasons for that is that there are so many different alloys
of titanium that go into the various markets. It's also a relatively
small market and there has never been an exchange that trades in
titanium futures, so there's really no practical way to do it, other
than through contractual agreements directly with suppliers.
Please be aware, though that "titanium futures" are sometimes offered
as part of investment scams, so stay on the alert:
Don't Fall for the Big Five
Investment Scams. Many Texas seniors have lost hundreds of thousands
of dollars in life savings by participating in investment strategies
that were nothing more than ?ponzi? or pyramid schemes. High pressure
sales pitches to invest in products such as titanium futures or
currency markets lure consumers with the promise of guaranteed
returns. In reality, there is no real investment and the scam artists
do little more than create bogus quarterly statements to make the
victim believe that his or her money is growing dramatically.
I hope this information doesn't come as too much of a disappointment,
but there are certainly many other futures markets for metals and
other commodities that may suit your investment needs.
Let me know if there's anything else I can do for you on this.
search strategy -- Google search on [ titanium futures ]
Request for Answer Clarification by
18 Oct 2006 12:01 PDT
As I posted in my question I know and knew that there is no commodity
market for titanium,
My question is Where can I buy futures for it, I know by fact that
there are people trading titanium futures (but I can't get how they do
it), maybe they are buying futures of companies that only exploit
titanium??(if that's the case, then I need those Co.)