Price trend

This week, the titanium concentrate market in Panxi region was temporarily stable. The cost pressure in the downstream titanium dioxide market was high, so buyers were cautious in purchasing goods and were more cautious on the market. As of May 17th, the tax-free quotation for 38-42 grade titanium ore was around 1,550-1,580 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,250-2,300 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,500-2,630 RMB/ton.

Market outlook

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

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