Price trend  

This week, the market price of titanium concentrate in Panxi region had increased. Whether before or after the year, titanium ore spot prices remain tight, with low on-site inventory and active downstream inquiries, leading to an increase in market prices. As of February 23rd, the tax-free quotation for 38-42 grade titanium ore was around 1,550-1,580 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,280-2,300 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,350-2,,480 RMB/ton.

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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