China titanium dioxide market trends goes weak in the July and August 2021
In early July, the mainstream price of titanium dioxide was generally weak. The off-season started and the operating rate of some manufacturers declined, and the execution price also declined slightly. The price market was more chaotic than before, and the downward restraint was strengthened. At the same time, it was more anxious than before. The actual inventory of large-scale manufacturers has not yet been established. The foreign trade orders in July are already full, and the volume to be shipped is 1-1.5 months output. From the perspective of large-scale manufacturers, it is enough to stabilize the market. Smaller manufacturers have seen lower shipments and higher inventories. This low and high has led to lack of market confidence.
The operating rate of some manufacturers in Panxi and other regions is not high. In the off-season situation, on the one hand, they can reduce their own inventory pressure, and on the other hand, give raw materials some time to go down. It is just that this weak trading atmosphere puts a lot of pressure on production costs. Including employee capital and bank loans.
Related News
April 26, 2019Tronox has completed the acquisition of Cristal's titanium dioxide business in North America by Cristal on May 1, 2019, will be stripped off in Connecticut, and on April 10, 2019 / AP / Tronox Holding...view
February 12, 2025According to China customs statistics, from January to December 2024, China's exports of titanium dioxide totaled about 1.9017 million tons, a year-on-year increase of 15.84%, an increase of about...view
September 6, 2017Clariant and Huntsman Corporation announced a merger of equals through an all-stock transaction. The merged company will be named HuntsmanClariant. The transaction is targeted to close by year end 201...view
September 6, 2017Hostmann-Steinberg announced its Platinum Sponsorship at this year’s annual PrintUV Conference. The company is eager to discuss with the printers attending this year’s conference its complete UV pro...view
September 6, 2017Indonesia's main rubber grouping is calling on the world's second largest producer to cut output next year by 10 percent, while urging other Southeast Asia rubber-growing countries to do the same to reduce gl...view
June 3, 2025According to statistics, in the first quarter of 2025, the total output of China's coatings industry was 7.576 million tons, a year-on-year increase of 0.14%, the main business income was 88.59 bi...view