According to Procurement Resource, the prices of titanium dioxide are expected to showcase mixed sentiments. With trade and supply-chain normalization, the automotive and construction sectors are estimated to improve their global performance, thus affecting the prices positively.
Coronavirus-related shutdowns in the first half of the quarter prompted forcible measures at several small-scale ilmenite factories in China and India, subsequently exacerbating the Titanium supply problem. The chemical's tight supply condition was extended until the end of the quarter, as few participants were heard holding cargoes in expectation of an exceptional surge in its seasonal demand.