Titanium dioxide market hits a record low in October

Titanium dioxide market has been in the decline for a long time, in October it was a record low, in this pressure, not every company can afford, this time the market may adjust the company, will not be able to adapt Eliminated.

The titanium dioxide market in October hit a record low in the cycle. Currently, the mainstream prices for most of the sulfuric acid rutile and anatase titanium dioxide are 9500-11000 yuan/ton and 8300-9300/ton. The downward trend of prices has not changed. The market is not clear in the future. Under the general situation of destocking, the entire market has almost lacked purchase demand, and even the phenomenon of intermediate dealers selling low prices has emerged. In this vicious cycle, the market can only continue to build the bottom, the market is always in, but how many companies can afford to live.

As the traditional October peak season is about to pass, gold, ninety silver and ten are disappointing. Titanium dioxide is also an integral form of the chemical industry. Since October, there has been no rebound in the prices of domestic chemical products. Poor demand for downstream products has been a problem for upstream manufacturers. Unpredictable, coupled with the external influence, the international oil price has not seen a rebound; the domestic financial turmoil such as the devaluation of the RMB, and the pressure of bad debts from banks and local governments. All sorts of factors drag on the manufacturers, and the market will never change the decline.

The weather has turned cold, the titanium dioxide market may be colder, and the long-term downswing will make the market lack confidence and will lose patience. Regaining confidence will take time, but not every company will have the same pressure. Rutile titanium dioxide market prices fell below 9,500 yuan / ton, production companies how to survive? The unfavorable situation is still continuing. It is cruel to the enterprise, but for an imbalanced and even malformed market, some people need to be sacrificed to create a healthy market environment!

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