Multi-factors Intensify The Rise Of Titanium Concentrates

- Oct 31, 2019-

This week, the price of titanium concentrate in Panxi continued to rise strongly, and the increase was between RMB 30-50/ton, and the reserve price was significantly reduced. Since September, large-scale miners in Panxi have required peripheral processing enterprises to submit titanium concentrates in sufficient quantities according to the contract, so that small and medium-sized miners are seriously out of stock, which is the main reason for the continuous rise in the price of Panxi titanium concentrate. At present, the market is high in the price of mines, the supply of concentrates is shrinking, and the operating rate of the main downstream titanium dioxide after the National Day holiday has rebounded, which has aggravated the spot shortage of titanium concentrates. At present, the price of titanium ore in the Panxi area is above 830-860 yuan/ton, the price of 46 grade 10 titanium concentrate is around 1270-1320 yuan/ton, and the price of 47 grade 20 titanium concentrate is 1250-1300 yuan/ton. between. Yang Xi, an analyst of Yan Titanium and Titanium, believes that the industrial chain is concentrated in many factors. Although the titanium dioxide market is approaching the end of the year, the titanium concentrate market may continue to operate at a high level.