SunSirs: On August 14th, the Price of Titanium Concentrate in Panxi Region Temporarily Stabilized
August 16 2023 14:33:22 SunSirs (John)
Product name: 46 grade 10 titanium concentrate
Latest price on August 14th: 2,216.67 RMB/ton
Analysis review
On August 14th, the market price of titanium concentrate in Panxi region temporarily stabilized. As of August 14th, the spot market for titanium concentrate was slightly tight, and the market quotation was relatively firm. Downstream titanium dioxide enterprises had seen an improvement in market conditions, but under cost pressure, it was still mainly on-demand and were cautious in purchasing.
As of August 14th, the tax-free quotation for 38 grade 42 titanium ore was around 1,580-1,600 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,200-2,250 RMB/ton, and the quotation for 47 grade 20 titanium concentrate was around 2,300-2,460 RMB/ton.
Market outlook
In the short term, the market price of titanium concentrate is strong and the actual transaction price is negotiable.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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