SMM reported on March 4: Today, the 46 titanium ore was quoted at 2,050-2,150 yuan/mt, unchanged from yesterday.
According to miners, the domestic titanium ore prices remained stable, with limited spot supply of titanium concentrate. Miners showed a strong sentiment to stand firm on quotes, but due to the significant cost pressure on downstream titanium dioxide enterprises, market transactions were mainly driven by just-in-time procurement. The tug-of-war between sellers and buyers in the titanium ore market intensified, and the titanium ore market is expected to maintain stability in the short term.
