Product Name: Titanium Dioxide
Latest price on October 16: 13,860 RMB/ton, unchanged from the previous trading day.
Analysis review
On October 16th, domestic titanium dioxide market prices remained stable. The rebound in raw material sulfuric acid prices has put pressure on titanium dioxide manufacturers' costs, leading to firm new order quotes. However, due to the impact of the real estate industry, the terminal market was operating at a low capacity, and downstream demand was temporarily sluggish. Companies were reluctant to purchase, adopting a wait-and-see approach, and primarily purchasing based on essential needs.
Market outlook
It is expected that the price of titanium dioxide will remain stable in the short term, and the actual transaction price will be negotiated on a case-by-case basis.
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