The market price of titanium concentrate in the Panxi region had slightly decreased. Downstream titanium dioxide enterprises had average market conditions and poor market demand, so they were more cautious in purchasing. As of November 13th, the tax-free quotation for grade 38-42 titanium ore was around 1,460-1,480 RMB/ton, the tax-free quotation for grade 46-10 titanium concentrate was around 2,100-2,200 RMB/ton, and the quotation for grade 47-20 titanium concentrate was around 2,350-2,480 RMB/ton.
Market outlook
In the short term, the market price of titanium concentrate is weak and stable, and the actual transaction price is negotiable.
