Price trend

This week, the price of titanium concentrate in the Panxi region temporarily stabilized. As of September 21, the tax-free quotation for grade 38-42 titanium ore was around 1,580-1,600 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,220-2,260 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,300-2,460 RMB/ton.

Analysis review

As of September 21st, the operating situation of the titanium ore market was average, with limited inventory on site. The spot market for titanium concentrate was slightly tight, and the market quotation was firm. Downstream titanium dioxide enterprises had active trading activities, but under cost pressure, they still prioritized on demand and purchased with caution.

Market outlook

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

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