sodium bicarbonate powder

Despite a bullish trends ruling the market for the bulk of the period, the North American market had mixed sentiments in the fourth quarter of 2021. This was mostly due to the adequate pushback from the supply-demand imbalance, which was further compounded by rising natural gas prices, which had taken a proper toll on the future production of numerous minerals, including titanium dioxide. An increase in COVID instances had prompted concerns in ore feedstock. As a result, during the fourth quarter of 2021, the FD UGSC (USA) quarterly average negotiations for the chemical CP Rutile Grade were finalised at USD 4434 per tonne.

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Yesterday, the domestic rutile type, anatase titanium dioxide new single price stability, the market overall transaction focus moved up. Titanium dioxide factory work normally, more delivery of early orders, less spot supply; And buyers still have inventory digestion, the current mentality turned to wait-and-see. 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 early delivery orders, it is expected that today's spot inventory is still low, and the mainstream factory spot is tight.

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