Titanium Ore Prices Continue to Decline as Market Awaits Demand Guidance [SMM Titanium Spot Report]
[SMM Titanium Spot Report: Titanium Ore Prices Continue to Decline, Market Awaits Demand Guidance] November 18, domestic titanium concentrate prices continued to fall, with the 46% grade quoted at 1,630-1,680 yuan/mt (average 1,655 yuan/mt) and the 47% grade quoted at 1,900-2,050 yuan/mt (average 1,975 yuan/mt). Currently, competition between domestic and imported ore is intensifying, downstream demand remains generally weak, and market wait-and-see sentiment is strong. Most market participants are focusing on the recovery of demand by month-end to seek clearer directional guidance.
SMM November 18 News: Today, domestic titanium concentrate (TiO₂≥46%) was quoted at 1,630-1,680 yuan/mt, with an average price of 1,655 yuan/mt; the TiO₂≥47% specification was quoted at 1,900-2,050 yuan/mt, with an average price of 1,975 yuan/mt, and prices continued their overall downward trend.
Recently, the domestic titanium concentrate market remained weak, competition from imported ore sources intensified, overall downstream demand performed sluggishly, and market wait-and-see sentiment was strong. Most market participants awaited month-end demand trends to clarify the market direction going forward.
