Product Name: Titanium Dioxide
Latest price on October 16th: 13860 yuan/ton, unchanged from the previous trading day.
Analysis points: On October 16th, the domestic titanium dioxide market price remained stable temporarily. At present, the price of raw material sulfuric acid has rebounded, and the cost of titanium dioxide enterprises is under pressure. The new order quotation is firm. However, due to the impact of the real estate industry, there is a shortage of production in the terminal market. Currently, downstream demand is average, and enterprises have low purchasing intentions, mostly adopting a wait-and-see approach and focusing on first-time purchases.
Prediction: It is expected that the price of titanium dioxide will remain stable in the short term, and the actual transaction price will be negotiable.