Price trend
The price of titanium concentrate in Panxi region rose this week. . As of the 17th, the tax-free quotation for 38-42 grade titanium middling ore was around 1,500-1,550 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,180-2,280 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,350-2,400 RMB/ton.
Analysis review
The price of titanium concentrate in Panxi region rose this week. As of the 17th, the market's spot supply was tight, and downstream titanium dioxide enterprises mainly purchased on demand in the market. Manufacturers had issued more early orders, and miners were clearly reluctant to sell, resulting in stable and upward market prices.
Market outlook
In the short term, the market price of titanium concentrate is operating at a high level, and the actual transaction price is subject to single negotiation..
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