Price trend

This week, the focus of the titanium concentrate market in the Panxi region had slightly declined. As of April 19th, the price of 38-42 grade titanium ore without tax was around 1,600-1,650 RMB/ton, the price of 46 grade 10 titanium concentrate without tax was around 2,300 RMB/ton, and the price of 47 grade 20 titanium concentrate was around 2,350-2,480 RMB/ton.

Analysis review

There was a strong wait-and-see sentiment in the market, and there was significant cost pressure in the downstream titanium dioxide market. Purchasing was cautious, and the prices of high priced goods on the market had slightly adjusted downwards.

Market outlook

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

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