Titanium Dioxide Prices Remain in a Weak and Stable Period
Compared with May, the weak trend in June has not changed much, the downward attitude has not been changed, with a clear price stabilization policy of the main large producers, the overall price market price adjustment range is very small, officially entered the slow decline phase. The demand side remains relatively weak, superimposed on the mood of buying up not buying down, so that some producers of the supply side of the inventory digestion slowed down. At this stage of the producers are generally more sensible, mostly according to their own actual situation to take production restrictions, shutdown maintenance and other operations to regulate the inventory and market supply.
Most producers in the warehouse raw material prices are still at a high level, according to the current price level, the cost pressure is huge, some of the more mobile producers will be flexible according to their own situation price adjustment.
The terminal market just demand still exists, only to improve the frequency of procurement, compress the single purchase volume, in June the price is basically set on the basis of, despite the weakness, the price market generally will not be a short period of frequent price adjustments, with relative stability. In fact, there is no incentive to drop again, there is no space, and at the same time can not solve the demand. With the continuation of the weak market, production restrictions, shutdown maintenance of producers gradually increased, the market will be some products will certainly appear out of stock state, the user side of the control of procurement and raw materials inventory is possible, but should not be too low, to maintain the conventional level.
