SunSirs: The Price of Titanium Concentrate in Panxi Region Had Slightly Increased This Week (June 19-25)
June 26 2023 09:58:35 SunSirs (John)
Price trend
The price of titanium concentrate in Panxi region had slightly increased this week. As of the 25th, the tax-free quotation for grade 38-42 titanium ore was around 1,350 to 1,450 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,020 to 2,150 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,300 to 2,350 RMB/ton.
Analysis review
The price of titanium concentrate in Panxi region had slightly increased this week. As of the 25th, titanium concentrate mainly delivered preliminary orders, and the market transaction situation was average. The titanium ore market had not started enough, and the quotation was firm. Some quotations were raised. Downstream titanium dioxide enterprises had a light market, and their purchases were mostly wait-and-see, with caution as the main focus, and they purchased according to demand.
Market outlook
In the short term, the market price of titanium concentrate is strong and the actual transaction price is negotiable.
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