Current titanium ore prices:

Panzhihua region, Sichuan Province (46.5%, exclusive of tax): 750-800 yuan/mt

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

Imported Vietnam Ore in Guangxi Province (50%): 1,450-1,550 yuan/mt

 

Market Forecast:

With the coming of Chinese New Year, domestic ore manufacturers are trying to destock through continuously price cuts, while purchasers are still expecting lower prices. The prices are much likely to dip further in the coming weeks.