Titanium dioxide market analysis

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Titanium dioxide market analysis

2023/09/22

Entering late September, the price of titanium dioxide market again raised the tide, China's nearly 20 major producers have announced a rise of 700-1000 ¥/MT, buy up do not buy down sentiment driven, this week the new single order volume slightly increased, conventional goods turnover speed up, the supply side inventory has not been established, especially the big customers have received the supplier price notice, Therefore, this round of price increases has basically landed, and it has also determined the bullish tone for the fourth quarter.


Because the frequency and rhythm of price adjustment by various manufacturers are not the same, it will give a person the illusion that the price of titanium dioxide is rising every day. The rise and fall of the market is the norm, the upstream and downstream have been used to, as previously expected by titanium dioxide industry analysts, the supply side in September to receive orders, is expected to be better in October. Mainly due to the supply side of the supply shortage, in fact, the vast majority of manufacturers have maintained a high operating rate of production, but still in short supply, many products are seriously out of stock, the situation is more common, and it is expected that the situation of tight goods and high prices will continue for some time.


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