Hamburg (Germany): For the past two weeks, the prices of Titanium Dioxide have continuously dropped in the European market. Decreasing interest from the downstream paints and coatings sector is impacting the market outlook for Titanium Dioxide. Persistent inflation and high-cost inventories are squeezing the profit margins of Titanium Dioxide manufacturers.
The ChemAnalyst Database has shown that the prices of Titanium Dioxide have plummeted by approximately USD xx per ton in the German market in the week ending June xth. Titanium Dioxide prices in Germany have stayed on the lower end amid weak market conditions. Trade activity was moderate, with a sufficient supply of raw materials available domestically. The construction sector demand remained subdued, although support from input material costs was minimal. Industry participants noted that manufacturing units were operating at a lower rate, as demand from downstream industries remained softer.
Regarding energy inputs, crude oil prices...
