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SunSirs: The Price of Titanium Concentrate in Panxi Increased Slightly This week (October 31 to November 4)

November 07 2022 10:45:39     SunSirs (John)

Price trend

The price of titanium concentrate in Panxi rose slightly. As of November 4, the quotation excluding tax of 38-42 grade titanium concentrate was about 1,400-1,420 RMB/ton, the quotation excluding tax of 46 grade 10 grade titanium concentrate was about 1,980-2,150 RMB/ton, and the quotation of 47 grade 20 grade titanium concentrate was about 2,300-2,400 RMB/ton.

Analysis review

As of November 4, the overall trading of the market was fair, and the spot market was tight. 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

In the short term, the transaction of titanium concentrate market is fair, the overall market is strong, and the actual transaction price is discussed separately.

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