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The current economic situation is not optimistic and the market demand is weak.
What is the end of the "ice and fire" titanium dioxide market, can it make a comeback?
Entering mid-September, the domestic market demand for the long-awaited "Golden Nine Silver Ten" The peak season did not arrive as scheduled, and the expected recovery has not arrived.
The supply and demand side of the national market continues to deteriorate.
The possibility of a "resurrection" in the domestic titanium dioxide market this year has been questioned again
.
After experiencing the "three consecutive declines", the domestic market in September did not meet the expected positive, and the domestic market price of titanium dioxide was still on a downward trend
.
At present, the mainstream quotations of sulfuric acid rutile and anatase titanium dioxide are about 10,100 yuan/ton and 9,500 yuan/ton respectively, and some rutile products have fallen below the 10,000 yuan/ton mark
.
Under the economic background of slowing domestic economic growth, there has been extreme weakness in the market.
The domestic titanium dioxide market can be said to have suffered "two days of ice and fire".
The price war has already begun.
Many companies are facing suspension of production and bankruptcy, and some companies are barely maintaining.
The entire industry is in a critical period of transformation and upgrading, and it is still unclear how many companies will eventually be dropped by market rules
.