Latest prices of 46.5% titanium concentrates in Pan-Xi Region of Sichuan Province are RMB600-620 yuan per tonne (exclusive of tax). Most of the manufacturers decide to clear stocks first, and operating rate is generally disappointing.

 

Market Forecast:

Climbing prices of titanium dioxide and titanium sponge did not help with the improvement of Chinese titanium concentrate markets. Unbalanced supply and demand indicate a long-term depression for both titanium concentrates and titanium middlings industries.