Chloride Titanium Dioxide Price Increase Again
The titanium dioxide market, whose price has been falling for several months, has recently ushered in an increase, and the products involved are concentrated in the chloride process with relatively better quality. Industry analysts believe that due to high upstream raw material prices and continued sluggish downstream demand, some titanium dioxide manufacturers have seen cost inversions at present, and the bottom of the price support is obvious. However, in the fourth quarter, the titanium dioxide market is still facing a weak demand situation, and there is still insufficient room for price recovery.
The reason why the price increase announced by the chloride process titanium dioxide manufacturers is concerned is mainly because the price of titanium dioxide has been falling for several months due to the continuous sluggishness of the downstream market.
As for the reasons for the recent increase of chloride titanium dioxide manufacturers, Zhuo Chuang analyst Sun Wenjing analyzed that the current market is gradually entering the off-season. Affected by the sluggish price of rutile titanium dioxide by sulphate process, the price of chloride titanium dioxide has also continued to fall, resulting in some Manufacturers are unable to bear the pressure of cost, and have stopped production and semi-production, and the supply side has recently been reduced. In addition, the current reduction in the supply side of chloride titanium dioxide is about 20% of the overall supply. In addition to the supply reduction factor, manufacturers' willingness to raise prices is obvious, which is also the main reason for the recent rise.
