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In the second half of July, the mainstream price of titanium dioxide remained basically stable, and individual manufacturers had slightly lowered.
The main large-scale manufacturers still maintained full sales orders and low inventory positions.
There are reasons for the price to be firm.
They do not actively seek price reductions.
It is the low level that is more constrained, and the price gradient in the overall market is very obvious
.
In the off-season situation, it is normal for the market's comprehensive prices to fall, but the sentiment of low-price comparison has increased, the bargaining psychology is stronger, and the holders have insufficient confidence in the market outlook, resulting in a widening of the price difference of products of the same level
.
It is expected that the price of rutile titanium dioxide will continue its downward trend this week, and the price range will be lowered to 19,000-20,300 yuan/ton; on the supply side, the expectation of easing will be maintained, and the spot supply status may enter the easing range as the inventory level increases; We maintain the expectation of weak operation, and there will be no significant recovery in domestic demand in the short term.
Only if the price of foreign trade is adjusted to US$3,000/ton, there will be a possibility of further recovery in external demand; raw material, titanium concentrate prices are weak and still exist There is a certain downside, but the possibility of a wide downward adjustment this week is unlikely, and the price of sulfuric acid maintains strong expectations
.
The main large-scale manufacturers still maintained full sales orders and low inventory positions.
There are reasons for the price to be firm.
They do not actively seek price reductions.
It is the low level that is more constrained, and the price gradient in the overall market is very obvious
.
In the off-season situation, it is normal for the market's comprehensive prices to fall, but the sentiment of low-price comparison has increased, the bargaining psychology is stronger, and the holders have insufficient confidence in the market outlook, resulting in a widening of the price difference of products of the same level
.
It is expected that the price of rutile titanium dioxide will continue its downward trend this week, and the price range will be lowered to 19,000-20,300 yuan/ton; on the supply side, the expectation of easing will be maintained, and the spot supply status may enter the easing range as the inventory level increases; We maintain the expectation of weak operation, and there will be no significant recovery in domestic demand in the short term.
Only if the price of foreign trade is adjusted to US$3,000/ton, there will be a possibility of further recovery in external demand; raw material, titanium concentrate prices are weak and still exist There is a certain downside, but the possibility of a wide downward adjustment this week is unlikely, and the price of sulfuric acid maintains strong expectations
.
