The price of titanium concentrate in Panxi area rose slightly. As of October 10, the price excluding tax of 38-42 grade titanium middlings was about 1,400-1,420 RMB/ton, the price excluding tax of 46 grade 10 titanium concentrate was about 2,050-2,150 RMB/ton, and the price of 47 grade 20 titanium concentrate was about 2,300-2,400 RMB/ton.
Analysis review
The price of titanium concentrate in Panxi area rose slightly. The overall market turnover was fair, while the spot market was tight. The procurement of titanium dioxide in the downstream was fair, Panzhihua Mine was in short supply, and the overall market was 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.
