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SunSirs: This Week, the Titanium Concentrate Market in the Panxi Region Was Consolidating at High Levels
March 26 2024 14:50:33SunSirs(John)

Price trend

This week, the market price of titanium concentrate in Panxi region had been at a high level. As of March 22, the tax-free quotation for grade 38-42 titanium ore was around 1,580-1,620 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,300 RMB/ton, and the tax-free quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.

Analysis review

As of March 22nd, titanium ore spot prices were tight, and there was no pressure on enterprise inventory. Downstream procurement was still acceptable.

Market outlook

In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable. It is reported that the price of titanium ore in Panxi Dachang may increase by 150 RMB/ton in the second quarter. The specific implementation situation still needs to pay attention to changes in the message side.

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