SunSirs: The Price of Titanium Concentrate in Panxi Region Temporarily Stabilized This Week (June 29-July 6)
July 07 2023 15:08:31 SunSirs (John)
Price trend
The price of titanium concentrate in Panxi region temporarily stabilized this week. As of July 6th, the tax-free quotation for 38-42 grade titanium concentrate was around 1,350-1,450 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,000-2,150 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,300-2,350 RMB/ton.
Analysis review
The price of titanium concentrate in Panxi region temporarily stabilized this week. As of July 6th, the inquiry situation in the titanium concentrate market was good, the transaction situation was average, and the quotation was relatively firm. Downstream titanium dioxide enterprises operated in a weak market with a light market, and were cautious in purchasing raw titanium ore. 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 temporarily stable and mainly consolidated, and the actual transaction price is negotiated separately.
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