Weak Demand Drives Continuous Decline in Titanium Concentrate Prices Today [SMM Titanium Spot Cargo Flash Report]

SMM May 14 news: Today, the quoted price for 46% titanium ore is 1,750-1,800 yuan/mt, a decrease of 30 yuan/mt from yesterday. According to miners, the current market prices in the Panxi region are showing a weak and stable trend. Affected by the low overall operating rate in the market, there is insufficient vitality on the production side. Coupled with the persistent sluggishness in end-use demand, downstream enterprises are generally facing pressure from shrinking orders, and some enterprises have had to resort to production cuts to cope with the difficulties. Against this backdrop, market participants are generally cautious and adopting a wait-and-see attitude, lacking clear expectations for the subsequent market trend. The trading enthusiasm of both buyers and sellers has been suppressed, and market activity has significantly declined.

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