Market analysis
(8.8-8.12)
In August, the market pattern of titanium dioxide prices has been finalized, the overall pattern of keeping the tone at the beginning of the month, domestic and foreign trade trading enthusiasm is not high, but the overall situation is slightly better than in July. Up to the middle of the year, the price market basically remained stable after price adjustment, and the possibility of multiple adjustment in a single month was unlikely, and the possibility of large price reduction was also unlikely. The order receiving situation during this period was relatively critical, which could basically show the real market situation in August. There have been several rumors of a price hike by a large producer, but the price has been "stabilized" and seems to be tightening.
At present, the price level is in a low state, and the goods holders are running in the market. In fact, this is also an urgent demand of both buyers and sellers. On the one hand, the supply side needs to understand the demand state of the end customers, and on the other hand, the demand side needs to understand the market and market conditions of raw and auxiliary materials such as titanium dioxide. Focus on the supply side, titanium dioxide prices continue to weaken, manufacturers in the case of a certain inventory to take a certain sales strategy, but go to the critical point or need a process. The price of sulfuric acid, the main raw material, continues to be low, and the demand for iron ore is relatively weak. The actual spot quantity of titanium ore is not sufficient. The price of the main miners is strong, but some small and medium-sized miners are in the heart, and the long and short factors are intertwined. From the point of view of raw materials, continued weak sentiment is not obvious, so the possibility of a large price adjustment to titanium dioxide is not high.
The psychological warfare of each supplier is more obvious, mainly reflected in the terminal customer demand quotation is very chaotic. As the situation of each manufacturer is different, the frequency of price adjustment is not the same, and the quotation rhythm of main materials and preparation materials for users is also different, so it gives the end customers an illusion of price reduction every day. In fact, the market in August is basically stable, and some end customers are preparing for the peak season of "gold nine silver ten" as appropriate, so skip July, the trading market or go uphill.
