This week, the price of titanium concentrate in Panxi area was lowered. As of the 11th, the price of 38-42 grade titanium ore without tax was about 1,420-1,450 RMB/ton, the price of 46 grade 10 titanium ore without tax was about 2,100-2,150 RMB/ton, and the price of 47 grade 20 ore was 2,300-2,450 RMB/ton or so.
The downstream demand was weak, and the transaction in the titanium ore market was light, mostly wait-and-see. The actual transaction situation was general. Small and medium-sized miners were under great pressure, prices were lowered, and the overall market was weak.
In the short term, the market price of titanium concentrate is running weakly and steadily, and the actual transaction price is negotiated one by one.
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