The North American region suffered from the excess influx of material in the market, especially from the Asian countries, in the first half of the third quarter. The quarter, however, showed signs of significant improvement with a rise in the number of offtakes. Further, the lack of labor in the US challenged the rates of production of titanium dioxide and resulted in the depletion in the level of existing inventories, pushing the titanium dioxide price graph in an upward direction.

What is titanium dioxide made of?

After the festival, the domestic rutile and anatase titanium dioxide new single price is stable, and the market new single transaction focus has moved up. Titanium dioxide factory work normally, more delivery of early orders, spot shipping pressure is small; And the buyer just needed to buy a few days ago. The volume of new orders in the market is limited.The key factors affecting the current market price change1. Inventory: the mainstream manufacturer inventory is low, there are still delivery orders after the holiday, it is expected that the spot inventory is still low today, and the mainstream factory spot is tight.