This week, the price of titanium concentrate in Panxi area was slightly lowered. As of the 18th, 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 market was under-constructed, and the spot was tight. However, the downstream buyers were under great pressure and preferred to wait and see, and the actual transaction situation was average. Small and medium-sized miners were under great pressure, most of them supported high prices, and the overall market was still weak.
In the short term, the market price of titanium concentrate will maintain stable operation, and the actual transaction price will be negotiated one by one.
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