Titanium Dioxide Prices in China Show Signs of Potential Increase Despite Weak Demand

Titanium Dioxide Prices in China Show Signs of Potential Increase Despite Weak Demand

S. Jayavikraman 07-Nov-2024

The domestic Titanium Dioxide market in China has experienced a period of price decline and weak demand, with sluggish trading activity reported across downstream sectors. As of mid-October, the market was operating cautiously, with buyers and sellers adopting a wait-and-see approach.

While the overall demand for Titanium Dioxide remained weak, the titanium concentrate market has shown signs of stability, providing a foundation for potential price increases in the Titanium Dioxide sector. The relative stability in the titanium concentrate market helped mitigate the impact of weak downstream demand on Titanium Dioxide prices, as producers were likely to pass on any rising raw material costs to customers. As the supply of titanium ore remained tight in certain regions, this could further support pricing influence for Titanium Dioxide manufacturers, especially if demand recovers in the coming months. Considering the above-mentioned reasons, the prices of Titanium Dioxide xxx FOB Tianjin were...

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