SunSirs: The Price of Titanium Concentrate in Panxi Region Had Slightly Increased This Week (August 21-25)
August 28 2023 14:06:35 SunSirs (John)
Price trend
In terms of titanium concentrate, the price of titanium concentrate in Panxi region has increased this week. As of August 25, the tax-free quotation for grade 38-42 titanium ore was around 1,580-1,600 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,210-2,250 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,300-2,460 RMB/ton.
Analysis review
As of August 25th, the operating situation of the titanium ore market was general and still not high. There was not much inventory on site. The spot market for titanium concentrate was slightly tight, and the market quotation was firm and operating. Downstream titanium dioxide enterprises had active trading activities, but under cost pressure, they still purchased on demand and in cautious.
Market outlook
In the short term, the market price of titanium concentrate is mainly stable 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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