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Fung Huashun Financial Research Center reported on June 15th that an investor asked Kuncai Technology to ask whether the company’s newly entered titanium dioxide industry is considered a cyclical industry? Is the cyclicality of the industry mainly due to the start of production on the supply side of the industry, and the increase in supply leading to the decline in prices? Or is it caused by other reasons? Will cyclical industries lead to cyclical changes in the company's revenue and profits? The company replied, hello, dear investors! Titanium dioxide is mainly used in downstream applications such as coatings, plastics, papermaking, inks, cosmetics, etc.
The periodicity of the titanium dioxide industry is mainly affected by the macroeconomic cycle and the economic cycle of downstream industries
.
Thank you!
The periodicity of the titanium dioxide industry is mainly affected by the macroeconomic cycle and the economic cycle of downstream industries
.
Thank you!