In late January, there was little change in the price of titanium dioxide in the market, and the vast majority of users' old price orders had already been delivered. However, the situation of new price orders was not ideal, mainly due to weak demand transmission from terminals, coupled with the overdraft of future demand caused by stocking old price orders in the early stage, resulting in weak demand endurance. As the Spring Festival approaches, the overall shipping pressure on the supply side is relatively high, and the situation of downstream demand inquiries being discussed on a case by case basis is quite obvious, mainly relying on accepting orders.

It has to be said that the prices of important raw materials such as sulfur and sulfuric acid still maintain a strong upward trend, and the production cost of titanium dioxide remains high. Under this pressure, some manufacturers have started to limit or stop production for routine maintenance, resulting in a decline in the overall market operating rate and a slight decrease in supply. Some manufacturers are experiencing a shortage of spot goods, and prices have risen slightly.

At present, the price market is in a stage of mainstream stability maintenance and undercurrent surging, and various manufacturers flexibly adjust prices according to their own actual situation, so the price market appears to be relatively chaotic. For those with large inventory and requiring cash flow, there is a slight price reduction in order to widen the price gap and prioritize orders. On the contrary, low-priced goods at the bottom of the price range have a relatively fast shipping speed, while another group of manufacturers mainly observe and maintain stable operations, resulting in slower shipments. Compared to the domestic market, due to the Lunar New Year holiday, overseas users are stocking up and the export market is better, resulting in more shipments and deliveries.

In addition, there are rumors in the trading market that major manufacturers are planning to increase prices. Some channel distributors and downstream users have already placed orders in urgent need, which has to some extent exacerbated the shortage of some spot goods. This positive stimulus will have a certain impact, and there will be an instantaneous increase in urgent orders. It is recommended to arrange procurement plans as early as possible.