SunSirs: In Early January, the Price of Titanium Concentrate in the Panxi Region Increased
January 15 2024 15:00:00 SunSirs (John)
Price trend
According to the commodity analysis system of SunSirs, the market price of titanium concentrate in Panxi region had increased. As of the 12th, the tax-free quotation for grade 38-42 titanium ore was around 1,550-1,580 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,170-2,260 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.
Analysis review
As of January 12th, the spot price of titanium ore was slightly tight, and there was no pressure on enterprise inventory. The downstream purchasing situation was still good, and the prices at the low-end of the market had slightly increased.
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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