Weak demand for coatings has d'on the market price of titanium dioxide.

China Coatings Network
News:
titanium dioxide
products 60% used in
coatings
industry, while more than 50% of paint products are used in the real estate industry, since 2015, domestic real estate The continued decline in industry development has directly reduced the demand for coating products, due to seasonal weakness in downstream
paints
and coating products, coupled with sufficient supply of titanium dioxide, market participants expect that the price of titanium dioxide in Asia after the market may continue to maintain a downward trend.
also heard that some suppliers are actively stabilizing prices, but the market has not chosen to follow, " says Mr Thyssoon, a leading supplier in North-East Asia. "Recently, some major suppliers lowered their third-quarter Asia Pacific delivery offer. In addition, economic uncertainty in China and the euro zone has also had an impact on market sentiment, with buyers of titanium dioxide seeing further price cuts by suppliers to protect their market share. The market price of titanium dioxide in China has also been falling, with a large Chinese manufacturer lowering its price by 1,000 yuan in an effort to attract buyers and prevent inventory backlogs. At the same time, other suppliers in China have also reduced their quotations by 500 to 700 yuan.
, according to major distributors, due to the Chinese market buyers' interest is light, there is basically no import discussion price, the price is 2300 to 2600 U.S. dollars (CFR, Asia). "It's not clear whether the Asian economy will turn around in the second half of the year, we're still executing second-quarter orders and we're in no hurry to confirm third-quarter orders," said one of Southeast Asia's largest paint makers. In
, imports of titanium dioxide were hampered by the weaker won against the dollar. A North American supplier and a Northeast Asian supplier are currently negotiating with customers about the third-quarter price of plastic-grade titanium dioxide pigments at $2,450 to $2,500 (CFR, Asia), down $30 to $50 from the second-quarter delivery price.
price of titanium dioxide in the Japanese market is currently between 300 and 350 yen/kg (delivery price), buyers choose to withdraw before the Golden Week holiday in early August. The price of titanium dioxide exported by Japan to Asian and Middle Eastern markets fell by $100 to $200.
southeast Asia, the price of a third-quarter delivery discussion from major suppliers in North America and Europe was $2,200 to $2,400 (CFR, Asia). Market participants predict that the titanium dioxide market may improve in September, as demand in the plastics industry is routinely returning to growth before the end-of-year holiday.