The price of Panzhihua mining’s new single quote remains firm, with a business quote above 317.47 USD/ton. The price for April in large factories will be increased by 20.74 USD/ton, leading to a strong wait-and-see sentiment in the market. Yunnan titanium ore prices also remain stable temporarily, and titanium ore prices will continue to operate at a high level.

The price for the new orders of Panzhihua Iron and Steel remains strong at approximately $318.26/ton. The large factories will increase the price by nearly $20.76/ton in April, which elicits a wait-and-see sentiment in the market. Recently, there has been an increase in inquiries for Chengde Titanium Ore, and the business quotation remains at a high level.

The prices of raw materials in the mines are remaining strong. In the Panxi region, titanium ore enterprises are not operating at full capacity, leading to a tight supply in the market. The new order quotation remains at CNY 2300/ton, which is equivalent to approximately USD 319/ton. For April, the large factories plan to increase their prices by CNY 150/ton, equivalent to approximately USD 20.8/ton, which has led to a wait-and-see sentiment in the market.

The market quotation for Titanium Tetrachloride is between 876-946 USD/ton. The market supply is tense and the cost of titanium raw material remains high, resulting in the cost of Titanium Tetrachloride also staying high. Consequently, the price of Titanium Tetrachloride is stable.