Price trend
According to the commodity analysis system of SunSirs, the market price of titanium concentrate in Panxi region had remained stable this week. As of the 25th, the tax-free quotation for 38-42 grade titanium concentrate was around 1,480-1,500 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,150-2,200 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,350-2,480 RMB/ton. As of the 25th, titanium ore spot was slightly tight, and there was no pressure on enterprise inventory. The downstream procurement situation was still acceptable.
Market outlook
In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable.
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