SunSirs: This Week, the Price of Titanium Concentrate in Panxi Region Decreased (May 5-12)
May 16 2023 13:42:19 SunSirs (John)
Price trend
This week, the price of titanium concentrate in the Panxi region was lowered. As of the 12th, the tax-free quotation for 38-42 grade titanium concentrate was around 1,520-1,500 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,230-2,280 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,300-2,350 RMB/ton.
Analysis review
This week, the price of titanium concentrate in the Panxi region was lowered. As of the 12th, the transaction situation in the titanium concentrate market was average, with significant pressure on sales. Downstream titanium dioxide enterprises were under cost pressure, procurement inquiries increased, and mainly wait-and-see. However, actual transactions were relatively cautious.
Market outlook
In the short term, the market price of titanium concentrate is weak and stable, and the actual transaction price is discussed separately.
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