SunSirs: On January 17th, the Price of Titanium Concentrate in the Panxi Region Remained Temporarily Stable
January 18 2024 11:42:00 SunSirs (John)
Product name: 46 grade 10 titanium concentrate
Latest price on January 17th: 2,240 RMB/ton
Analysis review
On January 17th, the market price of titanium concentrate in the Panxi region remained temporarily stable. As of January 17th, the spot market for titanium concentrate was slightly tight, and the market quotation was relatively firm. The market situation for downstream titanium dioxide enterprises was still acceptable, but under cost pressure, they still mainly purchased according to demand, so they should be cautious and observe. As of now, the tax-free quotation for 38-42 grade titanium ore was around 1,550-1,580 RMB/ton, the tax-free quotation for 46-10 grade titanium concentrate was around 2,200-2,280 RMB/ton, and the quotation for 47-20 grade titanium concentrate was around 2,350-2,480 RMB/ton.
Market outlook
In the short term, the market price of titanium concentrate remains strong and the actual transaction price is negotiable.
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