SunSirs: This Week, the Titanium Tetrachloride Market Experienced a Slight Decline (March 4-8)
March 11 2024 11:52:47     SunSirs (John)Price trend
This week, some companies in the titanium tetrachloride market had lowered their prices. As of March 8th, the benchmark price of titanium tetrachloride at SunSirs was 10,425.00 RMB/ton, a decrease of 1.88% compared to the beginning of this month (10,625.00 RMB/ton).
Analysis review
The raw material end mainly operated with high slag content and weak stability, but the cost remained high. Downstream titanium dioxide companies had experienced production reductions due to equipment and market influences, but production had remained at a high level. Most enterprises focused on delivering orders in hand, with fewer new orders and limited market demand.
Market outlook
SunSirs' titanium tetrachloride analyst believes that in the short term, market demand is stable and the price of titanium tetrachloride will operate steadily.
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