china titanium dioxide storage

One of the key challenges facing the wholesale TiO2 market is the volatility in raw material prices, particularly for titanium-bearing ores such as ilmenite and rutile. These raw materials are subject to price fluctuations due to factors such as geopolitical tensions, supply chain disruptions, and changes in demand from end-use industries. As a result, manufacturers may face challenges in managing their production costs and maintaining competitive pricing in the market.

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The titanium dioxide market fluctuated in the first two quarters of 2023. These pricing patterns resulted from poor demand and reduced intakes from the downstream industries. Amid the slow demand, the manufacturers were forced to reduce their outputs. With rising inflation rates, production cuts gradually increased. Given the economic downturn, the labor strikes further affected the market dynamics, thereby exerting pressure on the pricing fundamentals.

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