Current titanium ore prices:

Panzhihua region, Sichuan Province (exclusive of tax): 880-930yuan/mt

Vietnam (including tax): 1650 yuan/mt

 

Market Forecast:

Due to government’s control on lawbreakers, some mining operations are stopped, and the overall capacity utilization is around 70%. Generally speaking, current high prices is mainly a result of lowinventory, and with the shrink of downstream demands, the ore prices are more likely to fall stabilized in the end of the month.