Titanium Dioxide Market Decline in 2022
From the development of the market in 2022, the first half of the price is basically in a stable stage, the up and down oscillation is not large, the second half of the year is in the stage of rapid price decline.
The first quarter, export orders performed well, titanium dioxide business market confidence is better. A year ago, the domestic downstream manufacturers before the year moderate amount of stockpiling. The market declared up 2 times, January-March cumulative increase,1.77%. After the year domestic raw material sulfuric acid prices continue to rise, the cost of enterprises under pressure, strong support, titanium dioxide market confidence is still available, prices continue to rise.
The second quarter, logistics control, the domestic market trading situation is light. The market price declined due to the impact of logistics control and other factors, transport is more difficult, the market supply shrinkage, traders are unstable, to digest their own inventory as the focus of the market price decline. 3.08% cumulative decline from April to June. Titanium ore market spot continued to fall, sulfuric acid prices also continued to decline, cost support is weak. Meanwhile, the downstream terminal real estate market is not performing well. Under the multiple negative factors, the titanium dioxide market fell.
In the third quarter, the dragon enterprises guide prices down, the titanium dioxide market fell sharply. 7-9 cumulative decline of 19.85%. Titanium dioxide enterprises in the southwest were affected by power restrictions and other factors, and production was reduced more. Raw material sulfuric acid market prices fell faster, cost support is weak. In addition, the domestic titanium dioxide market demand continues to be sluggish, manufacturers inventory pressure is still large.
In the fourth quarter, the dragon enterprises issued a letter in November to declare a rise to promote stability. 10-12 cumulative decline of 2.55%. The titanium dioxide market is about to enter the off-season, the demand for coatings market is not lukewarm, especially in the northern market start rate down significantly. November collective declaration up, the producers are still more flexible price, to stop the decline means more. The price of titanium ore concentrate in the Panxi region rose. More than twenty domestic titanium dioxide enterprises issued a letter to declare up, the international giant Comu, Tenor announcement of the fourth quarter titanium dioxide production cuts, also favorable to the domestic titanium dioxide market, the overall view is very good to stabilize the market situation.
2022 titanium dioxide market prices fell sharply, affected by the economic situation, the domestic market market is light, but the export market to maintain good, before the introduction of various real estate favorable policies, to a certain extent, favorable titanium dioxide market. It is expected that, in the short term, titanium dioxide market stability operation.
