Price trend

This week, the price of titanium concentrate in the Panxi region was lowered. As of June 9th, the tax-free quotation for grade 38-42 titanium ore was around 1,450 to 1,550 RMB/ton, the tax-free quotation for grade 46/10 titanium concentrate was around 2,000 to 2,150 RMB/ton, and the quotation for grade 47/20 titanium concentrate was around 2,300 to 2,350 RMB/ton.

Analysis review

This week, the price of titanium concentrate in the Panxi region was lowered. As of 9th, the transaction situation in the titanium concentrate market was average, and there was significant pressure on shipment. The market for downstream titanium dioxide enterprises was light, and procurement was mostly wait-and-see, with caution as the main focus, and procurement was based on demand.

Market outlook

In the short term, the market price of titanium concentrate is weak and stable, and the actual transaction price is negotiable.

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