SunSirs--China Commodity Data Group

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SunSirs: Titanium Concentrate Prices Are Lower under Pressure This Week (May 18-22)

May 22 2020 14:10:03     SunSirs (John)

This week, prices of titanium concentrate in the Panxi region have been lowered. Due to sluggish terminal demand, miners generally face greater shipping pressures, and some medium and concentrate miners have lowered their prices. The quoted price of 38 titanium medium ore without tax is 780-840 RMB/ton, the quoted price of 46,10 titanium ore is 1,220-1,450 RMB/ton, and the price of 47 and 20 mine is 1,450-1,500 RMB/ton. Analysts of the titanium concentrate of SunSirs believe that the overall terminal demand is not optimistic, the overall titanium dioxide is weak, and the price of titanium concentrate is under pressure. In the short term, the actual price of titanium concentrate will stabilize mainly.

 

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