SunSirs: On February 7th, the Price of Titanium Concentrate in the Panxi Region Remained Temporarily Stable
February 08 2024 11:31:40 SunSirs (John)
Product name: 46 grade 10 titanium concentrate
Latest price on February 7th: 2,266.67 RMB/ton
Analysis review
On February 7th, the market price of titanium concentrate in the Panxi region remained temporarily stable. As of February 7th, the spot market for titanium concentrate was relatively tight, and the market quotation was relatively firm. Downstream titanium dioxide enterprises had a sluggish market, and as the Spring Festival holiday approaching, most of them had started to take a break. As of February 7th, the tax-free quotation for 38-42 grade titanium ore was around 1,550-1,580 RMB/ton, the tax-free quotation for 46 grade 10 titanium concentrate was around 2,260-2,280 RMB/ton, and the quotation for 47 grade 20 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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