Price trend
The price of titanium concentrate in Panxi region was firm this week. As of the 21st, the price of 38-42 grade titanium ore without tax was about 1,530-1,580 RMB/ton, the price of 46 grade 10 titanium ore without tax was about 2,220-2,280 RMB/ton, and the price of 47 grade 20 ore was about 2,400-2,450 RMB/ton or so.
Analysis review
Downstream buyers were under great pressure, mostly wait and see, and the actual transaction situation was average. Small and medium-sized miners were under great pressure, and their quotations were firm and stable.
Market outlook
In the short term, the market price of titanium concentrate remains firm, and the actual transaction price is negotiated one by one.
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