Titanium Tetrachloride Prices | Demand, Pricing & Supply Analysis | ChemAnalyst

Chemanalyst26 Sep, 2023Business

The US market for Titanium Tetrachloride has experienced volatile prices due to challenging conditions in the construction industry. Key inputs, including Titanium Tetrachloride, have been affected by the downturn in construction and automotive sectors, leading to sufficient availability of finished stocks. In mid-June, Natural Gas prices rose as inventories fell below expectations. However, due to adequate inventory levels and weak demand from China, prices remained on the lower side. Towards the end of Q2, downstream production facilities operated at reduced rates due to ample availability of finished goods. Manufacturers have been cautious about high inventory levels, as economic conditions in the Western market remain sluggish. Weak manufacturing has led to a contraction in the Purchasing Manager Index. Container availability at US ports has been sufficient, allowing for unimpeded movement of finished goods.

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