SunSirs: This Week, the Market Price of Titanium Concentrate in Panxi Region Was Consolidating at High Levels
March 11 2024 11:56:06     SunSirs (John)Price trend
As of March 8th, the tax-free quotation for grade 38-42 titanium ore was around 1,580-1,620 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,300 RMB/ton, and the tax-free quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.
Analysis review
This week, the market price of titanium concentrate in Panxi region had been at a high level. As of March 8th, the spot price of titanium ore remained tight, and there was no pressure on enterprise inventory. The downstream procurement situation was still acceptable.
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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