Due to overstocking and fierce competition, titanium ore dealers decide to drop ore prices a bit last week.

Current titanium ore prices:

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

Vietnam Ore in Guangxi Province: 1500-1600 yuan/mt

Yunnan Province: 900-950 yuan/mt

Market Forecast:

Despite lowering prices, titanium ore demands keep declining and it is forecasted that the prices will not rebound in short term.