Marseille, France: In December xxxx, the Titanium Tetrachloride market in France witnessed a downturn as prices dipped amid multiple challenges. The primary factor contributing to this decline was the weak demand from the downstream construction sector amid persistent inflationary pressures. The crisis in the construction industry has continued since the past quarters due to high-interest rates and costs. As per market sources, despite a growing housing shortage, Europe is behind its construction targets this year. As construction activities slowed down towards the year-end, the demand for Titanium Tetrachloride, a key chemical used in various industrial processes including Titanium Dioxide production, dwindled, fueling bearish market concerns.
The ChemAnalyst database has shown that Titanium Tetrachloride prices were settled around USD xxxx-xxxx in France on an FOB basis. The industry faced headwinds from the destocking season, where companies reduced their inventory levels, further dampening demand. This trend was...
