The titanium tetrachloride market operated weakly and steadily in February. According to the monitoring system of Shengyishe, on February 29th, the benchmark price of titanium tetrachloride in Shengyishe was 10625.00 yuan/ton, a decrease of -2.97% compared to the beginning of this month (10950.00 yuan/ton).
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In terms of cost:
After the Spring Festival, the high titanium slag market started operating normally with sufficient inventory, but the high price of raw titanium ore put pressure on the production cost of high titanium slag; In addition, the shutdown of some slag plants has led to weak and stable market operation. In addition, the impact of imported titanium rich materials has led to weak operation of the high titanium slag market. The support for raw material costs is strong, and the high price of high slag is firm.
In terms of downstream demand:
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Downstream sponge titanium enterprises and chlorinated titanium dioxide enterprises are operating normally, but some large enterprises produce and use more themselves, with low export volume and weak market demand. They mainly purchase on a daily basis.
Post forecast:
According to a titanium tetrachloride analyst from Business Society, there is high support in the raw material end, high cost pressure, and weak downstream demand. It is expected that the titanium tetrachloride market will operate weakly and steadily in March. More attention should be paid to market news guidelines.
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