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[ferro-alloys.com] Recently, Titanium Concentrate market continues to run comparatively weakly, and prices of Titanium Dioxide in different districts have dropped to a different extent. Mentality of buying rise not buying fall appears in downstream plants, prudent emotion is relatively strong, and requirement of purchasing Titanium Concentrate has decreased. Additionally, foreign Titanium Concentrate has swarmed into China, leading to competition of price of Chinese Titanium Concentrate is fierce.    

Under the weak tendency in Titanium Concentrate market, prices in Panzhihua and Yunnan Districts dropped comparatively obviously. Currently, enquiry of Titanium Concentrate in West Panzhihua District is less, and the real purchase is also rare; the real concluded price has dropped to a slight extent, currently, main concluded price of Titanium Concentrate 46% is between RMB 1,400 and 1,450/mt for now. Titanium Concentrate market in Yunnan District also down, and the concluded price in Titanium Concentrate 45% market has been below RMB 1,200/mt.

Under the condition of continued drop of price in Titanium Concentrate market, emotion that enterprises of downstream Titanium products think the later market will be weaker has increased. Part titanium dioxide enterprise have begun to lower their offers, currently, the concluded price of rutile titanium dioxide is mainly at RMB 17,500 to 19,500/mt, and that of anatase titanium dioxide is at RMB 15,500 to 16,500/mt.

Offer of titanium sponge is firm, titanium sponge 0# is mainly quoted at RMB 70,000 to 71,000/MT and titanium sponge 1# is mainly quoted at RMB 69,000 to 70,000/MT.

Price of Ferrotitanium is also firm, price of Ferrotitanium 30% is at RMB 10,500 to 11,000/mt (25% basic price including VAT); price of Ferrotitanium 40% is at RMB 10,500 to 11,000/mt (25% basic price including VAT); price including VAT of Ferrotitanium 70% is at RMB 28,000 to 35,000/mt.

• [Editor:Wang Linyan]