Titanium Dioxide Market in November
In early November, the traditional peak season has gradually faded away, and the price market of titanium dioxide is still weak. In the past 1-2 weeks, the latest price adjustment policies of various manufacturers have been released, which basically maintain a weak operation, with a price adjustment range of 200-300 yuan/ton. At present, the price policy for November is basically finalized, and downstream users can start regular rigid demand purchases. The price adjustment range is relatively small, indicating that manufacturers are supported by costs, and it is difficult for prices to fall. There are already cases of being on par with costs or even operating at a loss. The actual situation is indeed the case. Recently, the price adjustment of titanium ore has been small, while the price of sulfuric acid in some regions is particularly strong, especially in the southwest region where supply continues to be tight.
At this stage, some manufacturers are already reducing production and stopping production. Under the dual pressure of high costs and low prices, there is really no better way. Although the overall market operating rate has declined, the supply in the market is still sufficient. The export market will encounter Christmas next, and overseas customers will prepare goods in advance, or usher in a small climax of export orders. In addition, due to strict environmental protection inspections in Southwest China, East China and other regions, the operating rate has declined, and some manufacturers have experienced slow delivery.
