SunSirs: The Price of Titanium Concentrate in Panxi Region Fell in May
May 31 2023 09:36:09 SunSirs (John)
Price trend
In May, the price of titanium concentrate in the Panxi region decreased. As of 29th, the tax-free quotation for grade 38 42 titanium ore was around 1,550-1,600 RMB/ton, the tax-free quotation for grade 46 10 titanium concentrate was around 2,050-2,150 RMB/ton, and the quotation for grade 47 20 titanium concentrate was around 2,300-2,350 RMB/ton.
Analysis review
As of 29th, the titanium concentrate market was affected by the upstream titanium powder enterprises. The market turnover was light, the operator was cautious and wait-and-see, and the market price was inclined downward.
Market outlook
In the short term, the price of titanium concentrate is weak and stable in the short term, and the actual transaction price is negotiable.
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