SunSirs: This Week, the Titanium Tetrachloride Market Remained Strong (January 1-5)
January 09 2024 11:03:40     SunSirs (John)Price trend
This week, the domestic titanium tetrachloride market remained strong, with an average price of 10,950.00 RMB/ton as of the weekend, an increase of 0.46% compared to the beginning of this month (10,900.00 RMB/ton).
Analysis review
Affected by the shutdown and maintenance, the company had relatively low inventory and tight spot supply. Some large enterprises produced and used their own products, resulting in a decrease in their export volume. Market supply and demand were imbalanced, with some companies experiencing slight price increases. But overall, the prices of raw materials continued to rise, with high costs, and the price of titanium tetrachloride remained strong.
Downstream full process enterprises had released production capacity, increased inventory levels, weakened demand, and there was a phenomenon of clearing inventory.
Market outlook
SunSirs' titanium tetrachloride analyst believes that next week, the market price of titanium tetrachloride will remain strong.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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