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05 2017
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Domestic titanium prices gradually get consolidated

June 13th 2017      Source:ruidow

Keywords:ilmenite price

As the import of titanium has gradually arrived in port and parts of plants restarted their production, the titanium supply and demand situation in China was gradually stable in April.  The tight supply situation has been significantly improved. As the previous price has been at a high level, the titanium ore inventory was gradually increased in some enterprises of Panxi region. To mid to late April, some enterprise in Panzhihua began to slightly lower titanium prices by 50 yuan / ton, due to the increased inventory pressure. Ruidow believed that this adjustment was reasonable and rational. Generally speaking, the price of Panzhihua titanium ore is lower than the import of titanium ore. However, since the New Year’s Day, the price of Panzhihua titanium rose sharply, closing to 2000 yuan per ton excluding tax, and became the highest price of titanium on the market. In this month, Panzhihua titanium ended its rising trend for the past 13 consecutive months, which is conducive to the stability of the market and long-term healthy development.

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