The Mainstream Titanium Dioxide Market Still Weak
As 2024 gradually enters the final stage, the mainstream price market of titanium dioxide is still in a weak state. The reasons for the current price situation are as follows:
1 Mainly due to the weak demand transmission, customers still expect the price of titanium dioxide to fall, so the wait-and-see sentiment is strong;
2 Manufacturers generally adjust prices flexibly according to their actual situation. Price reduction cannot solve the demand problem. Continuous price reduction is not what manufacturers want to see, so the follow-up speed of weak prices is relatively slow, but the general trend is downward;
3 The general trend is weakening, and some end users choose to give up stocking, but hold on to money for the New Year;
4 During the International Coatings Exhibition, some manufacturers adjusted prices, while most of them were relatively calm and did not make big moves, but the weak news spread like wildfire;
5 Manufacturers have different situations and flexibly set prices. Some inventory pressures are not great, and orders are accepted according to the market rhythm; some inventory pressures are greater, so they directly choose to reduce prices and ship;
6 Although the prices of large manufacturers are stable, some manufacturers still have weak prices, which leads to a gradual increase in the price difference between manufacturers. Over time, the downward restraining force increases and there is a risk of continued weakness.
