Price trend
This week, the price of titanium concentrate in Panxi region was high. As of the 23rd, the tax-free quotation of 38-42 grade titanium concentrate was about 1,480-1,500 RMB/ton, the tax-free quotation of 46 grade 10 titanium concentrate was about 2,150-2,240 RMB/ton, and the quotation of 47 grade 20 titanium concentrate was about 2,300-2,400 RMB/ton.
Analysis review
As of the 23rd, the spot supply in the market was tight, and the downstream titanium dioxide enterprises mainly purchased on demand. The market of titanium ore was more wait-and-see, the more manufacturers delivered orders in the early stage, and the market price was stable and upward.
Market outlook
In the short term, the market price of titanium concentrate is stable and upward, and the transaction price of actual orders was base on negotiation separately.
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