Panzhihua region, Sichuan Province (46%, exclusive of tax): 680-700 yuan/mt

Vietnam (50A, including tax, excluding freight): 1,500-1,550 yuan/mt

 

Market Forecast:

Ever-shrinking downstream demands make it impossible for titanium ore prices to rebound, but it is also not likely that the prices keep declining since the prices are almost at manufacturers’ bottom line. So there may be no large fluctuations in the coming week.