SHANGHAI TITANOS INDUSTRY CO.LTD
Country:China (Mainland)
Year Established: 2004Business type: Manufacturers
Integral:
Due to the uncertain market situation, titanium dioxide market at home and abroad has been changing. The titanium dioxide industry and its market dynamics have been concerned by relevant people. In the recent period, the titanium dioxide news is updated every day and the topic about the titanium dioxide industry is very hot. Let us come to see several pieces of recent news:
1. Weak prices lead enterprises to cut production, but the inventory is still high.
Being effected by the world economic downturn, global demand of titanium dioxide has been from "full speed ahead into a full stop" and manufacturers are trying to cut production to cope with the plight of the oversupplied market. So many companies and analysts are worried about the future of the market of titanium dioxide invariably.
Because of the influence of weak demand, the contract price of titanium dioxide went flat which appeared for the first time in more than four years in North America in the quarter of this year. At present, the inventory stays high and the Chinese market has appeared signs of weakness, resulting in production of some titanium dioxide installations.
Even the influence of China's economic growth falling back and being worried about the macro economy in Europe leads to the weak demand in recent market, we think that the long-term trend will still healthy because of the increasing of consumer spending levels and the increasing number of the middle class.
2. The weakness of the titanium dioxide market will not be changed, and it will continue falling in August.
Date shows that the general price of titanium dioxide gradually callback, from Monday's 19196 yuan/ton to 19071 yuan/ton in the weekend, dropping 0.65%. It is understood that European titanium market is still in the operational phase of weak shocks and the recent trend of mainly keeps stable. Chinese titanium dioxide market still holds the declining trend due to the steady quoted market prices of titanium.
So in the titanium dioxide market, manufacturers' overall operating rate is low, but the most of the inventory have not yet apparent consumption. Shanghai Titanos Industry Co.,Ltd., as a businessman, showed that the price would drop in titanium dioxide market in August and the downstream buyers have a low desire of purchasing. Because of this, many businessmen excepts that the weak market can never change in future.
It can be seen from these two recent news of titanium dioxide that demand is an important factor in determining the trend of market prices. Owing to the low demand, manufacturers limit production and cut-off, so the titanium dioxide market continues downward in short time.
Other products from this supplier
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titanium dioxide price
The price trend of the titanium dioxide has always been a topic concerned to titanium dioxide buyers and suppliers. Due to the impact of the domestic and foreign market, the price of titanium dioxide has also been changed rapidly.But In the environment of economic turmoil, the competition between enterprises is not only the malignant competition in the price, but also the benign competition in technology, service and other aspects.
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titanium dioxide products
The main products of titanium dioxide and its according manufacturers home and abroad are detailed described in this article
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