Titanium Market Is Weak And Price of Titanium Product Is Down

  • Wednesday, June 28, 2017
  • Source:ferro-alloys.com

  • Keywords:Titanium Market
[Fellow][ferro-alloys.com] This week, willing of supporting price of titanium concentrate enterprises in China is stronger, however, demand from downstream is weak.

[ferro-alloys.com] This week, willing of supporting price of titanium concentrate enterprises in China is stronger, however, demand from downstream is weak. This week titanium concentrate market is still weak. Recently, prices of titanium concentrate in West Panzhihua District tends to be stable, price of titanium concentrate 46% tentatively maintains at 1,180-1,250 RMB/ton (ex-working price excluding VAT). Offer of titanium concentrate in Chengde District is firm in previous period, but because offers of titanium concentrate enterprises in other districts is down, the downstream enterprises demand a lower price, and turnover of capital is difficult, prices of titanium concentrate in Chengde District continues to fall in recent days. Currently, price of titanium concentrate 45% in Chengde District is at 1,150-1,200 RMB/ton (ex-working price excluding VAT). Titanium Dioxide market is entering into consumption off-season and Chinese titanium dioxide market shows cold; in order to ensure turnover of capital, Chinese small and medium size titanium dioxide enterprises can only choose to sell at a lower price; because later-market sees bearish, quantity of offers at a lower price of enterprises will increase; but drop of prices Titanium Dioxide of small and medium size enterprises does not affect prices of most large-type producers and differentiated situation in the market is very obvious. Because both prices of Titanium Dioxide and titanium concentrate have a certain drop, willing of purchase of acid-soluble titanium slag has decreased and the emotion of demanding a lower price is stronger, the new-order price of acid-soluble titanium slag has a certain drop basically. 

  • [Editor:Wang Linyan]

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