SunSirs: In October, the Price of Titanium Concentrate in PanXi Area Fell First and Then Rose
October 28 2022 09:33:34 SunSirs (John)
Price trend
The price of titanium concentrate in PanXi region fell first and then rose this month. As of October 27, the quotation excluding tax of 38-42 grade titanium concentrate was about 1,360-1,400 RMB/ton, the quotation excluding tax of 46 grade 10 grade titanium concentrate was about 1,990-2,130 RMB/ton, and the quotation of 47 grade 20 grade titanium concentrate was about 2,300-2,400 RMB/ton.
Analysis review
The price of titanium concentrate in PanXi region fell first and then rose this month. As of the 27th, the overall market trading was fair, and the spot market was tight. The actual transaction price was slightly firm, with the main low price raised and the overall price range narrowed. The downstream market of titanium dioxide was light, the cost pressure was high, the procurement was cautious, the wait-and-see mood was strong, and the overall market was sorted out to be strong.
Market outlook
The titanium concentrate analysts of SunSirs believe that the titanium concentrate market transaction is fair in the short term, the overall market is running to be strong, and the actual transaction price is discussed separately.
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