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SunSirs: On May 18, the Market Price of Titanium Concentrate in Panxi Fell

May 19 2023 14:04:01     SunSirs (John)

Product Name: Titanium Concentrate

Latest price on May 18th: 2,150 RMB/ton

Analysis review

On May 18, the market price of titanium concentrate in Panxi fell. The transaction situation in the titanium concentrate market was average, and there was significant pressure to sell. Downstream titanium dioxide enterprises operated in a weak market, the market was light and they had low willingness to purchase raw titanium ore. As of the 18th, the titanium ore market was mainly wait-and-see, and actual transactions were relatively cautious.

Market outlook

In the short term, the price of titanium concentrate is mainly consolidated to be weaker.

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