The second quarter of 2022 saw mixed market sentiments for titanium dioxide prices. Due to demands, constrained supply and ineffective production capacity brought on by the stretched supply chain, labour shortage, and high energy prices, the production of the chemical increased in Q2 of 2022. Moreover, the US Federal Reserve's tight monetary policy and high interest rates worsened the domestic trade picture, which at quarter's conclusion supported titanium dioxide's unfavourable market views.
According to the feedback of manufacturers, the new orders of mainstream factories maintain stable prices, and the new volume of the market after the holiday is limited. On the demand side, the terminal basically has batch replenishment before the festival, and the purchase intention of new orders is low; On the supply side, mainstream manufacturers normally produce and deliver goods, and the actual output of the industry is stable. Most factories quote a new price of 17,000 yuan/ton or more market negotiation range reference 16000-17200 yuan/ton, plastics and papermaking related downstream feedback part of the tight model price is higher. Recent titanium dioxide raw material prices are strong, titanium dioxide price support is more stable, comprehensive market factors, the current titanium dioxide market to maintain a stable price.
The produced barium sulfide enters the leacher, and the temperature is controlled above 65°C to obtain a barium sulfide content of 70%, and then enters the clarification barrel, add zinc sulfate for reaction after clarification, control the zinc sulfate content to be greater than 28%, pH=8~9, and obtain a mixture of barium sulfate and zinc sulfide with a density of 1.296~1.357 g/cm3.
Source: Tranalysis and China Customs