The upstream and downstream supporting titanium concentrate market is firm

Titanium concentrate prices in Panxi region were firm and stable this week. The high cost of raw ore, the shortage of spot, the small rise in real unit price, Titanium concentrate market driven by the rise of stability. Some of the main downstream producers of titanium dioxide are in short supply, and demand for titanium concentrate is stable. The willingness of the miners to strengthen after rising. Titanium imports remain tense, especially in Vietnam and India, where supplies are still inadequate, and the agency predicts that they may ease in October. At present, the price of 38-grade and above titanium concentrate in Panxi area is about 730-750 CNY/ton, 46-grade 10-grade titanium concentrate is between 1120-1150 CNY/ton and 47-grade 20-grade titanium concentrate is between 1200-1230 CNY/ton. Yan Titanium industry analyst Yang Xun believes: raw materials and downstream are more supportive of the price market, but the imported mining market is the ceiling of the mining industry. In the short run, the mining market may be in a firm and stable state