Titanium Dioxide Prices May Be Weak and Steady Across the Year
The end of the year is approaching, titanium dioxide market prices are basically the same as last week, and in a stable transition period, the actual single transaction prices are high. New Year's Day and Christmas double holiday has just passed, coupled with the Lunar New Year is relatively early, domestic and foreign trading atmosphere is not ideal, especially the foreign trade side temporarily into a period of calm, and domestic end customers have fallen ill one after another, there may be a phased impact on the start rate, producers and other supply side still have the pressure of the punch, individual producers of a small range of temporary promotional policies.
In fact, at this stage the impact of the epidemic event, freight costs have been 5-15% upward, the supply side of the cost increase. Besides, near the Spring Festival, taking into account the logistics in mid-January one after another into the state of suspension, at that time less cars, high freight costs, poor timing is the norm. Overall downstream users of the preparation progress has been completed most of the current more in the process of spot delivery, the new single volume has fallen back, before the official holiday may maintain a weak state, so the supply-side inventory has increased the risk of shifting the phenomenon may increase, the beginning of the year 2023 is still a weak risk.
