Price trend
The market price of titanium concentrate in the Panxi region fluctuated slightly. As of November 17th, the tax-free quotation for grade 38-42 titanium ore was around 1,460-1,480 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,120-2,200 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.
Analysis review
The market price of titanium concentrate in the Panxi region fluctuated slightly. The low-end prices in the market had slightly increased, and downstream titanium dioxide enterprises had a mediocre market situation. Market demand was not good, so they were more wait-and-see, and procurement was more cautious.
Market outlook
In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable.
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