Price trend
The price of titanium concentrate in the Panxi region fluctuated slightly in November. As of the end of November, the tax-free quotation for grade 38-42 titanium concentrate was around 1,460-1,480 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,150-2,200 RMB/ton, and the tax-free quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.
Analysis review
With the decrease in raw ore supply and the shutdown of large factories, low end market prices had slightly increased. The downstream titanium dioxide enterprises had a general market situation, with poor market demand. They were wait-and –see and more cautious in purchasing.
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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