Panzhihua region, Sichuan Province (46.5%, exclusive of tax): 900-1,000 yuan/mt

Yunnan Province (46%): 900-950 yuan/mt

Guangdong Province (50%): 1,250-1,350 yuan/mt

Vietnam (50A , including tax): 1,580-1,640 yuan/mt

 

Market Forecast:

Due to lowering market demands and overstocking problems, titanium ore prices and sales volume keep declining in November. Most ore dealers have to attach more attention on debt collection as the year-end is coming, which also suppresses the climb of ore prices. Statistics show that some small-scale manufacturers are now facing excessive inventory up to 3,000 metric tons, and operating rate of titanium ore industry is expected to drop gradually to 50%. The prices are much likely to see further slight drop before year 2014.