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The domestic titanium dioxide market entered the lowest level in August.
Due to the low-demand environment and the inventory pressure of the value chain, the market for stock prices is a problem of difficulty in dealing with losses, especially for leading companies.
Forcing other manufacturers to continue to depreciate and follow up, the transaction was as low as 10,000 yuan/ton
.
Despite the "Golden Nine" season, this year due to the special industry environment, market participants are still generally not optimistic about the market.
In September and the background of the price war, Sichuan's leading enterprises still continue to cut prices
.
As of the end of August, the actual transaction price of rutile titanium dioxide fell by 600 yuan/ton, which was 10200 yuan-10200 yuan/ton (acceptance tax) compared with the mainstream ex-factory price of redstone titanium dioxide at the beginning of the year
.
The price change of titanium dioxide is late, and the current market, due to the decline of the domestic titanium dioxide industry, the inventory pressure level will not continue to rise
.
According to monitoring, the industrial capacity utilization rate of titanium dioxide in August was 58.
87%, and fell by 3.
58% in July, because the inventory of titanium dioxide manufacturers may be controlled at a relatively reasonable level
.
However, due to the weak industry demand environment, this year's macroeconomic data did not perform well.
In this case, "Golden Nine" may be difficult to appear
.
The purpose of mainstream leading companies to continue to depreciate is to maintain market share and reduce inventory on the one hand, and on the other hand to restrain the intention of other suppliers to start at lower prices
.
The pressure on the capital of the titanium dioxide industry, the purpose of lower receivables is stronger
.
The global titanium dioxide industry also continues to be weak, and China's export of titanium dioxide is lower than the same period last year
.
