SunSirs: The Price of Titanium Concentrate in Panxi Region Was Temporarily Stable (December 11-15)
December 18 2023 10:22:53 SunSirs (John)
Price trend
According to the commodity analysis system of SunSirs, the price of titanium concentrate in Panxi region was temporarily stable. As of December 15th, the tax-free quotation for 38-42 grade titanium concentrate was around 1,480-1,500 RMB/ton, the tax-free quotation for 46-10 grade titanium concentrate was around 2,150-2,200 RMB/ton, and the quotation for 47-20grade titanium concentrate was around 2,350-2,480 RMB/ton.
Analysis review
As of December 15th, the overall trading volume in the market was still good. This month, Panzhihua Iron and Steel Group had controlled the supply of raw ore and large-scale maintenance, resulting in a decrease in titanium ore supply and slightly tight spot prices. The procurement situation of downstream titanium dioxide was average, and the overall market was temporarily stable, and consolidating.
Market outlook
In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable.
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