Asian titanium dioxide prices are weak

Asian titanium dioxide market trading atmosphere is poor, buyers are basically in a wait-and-see situation, a small single purchase. In addition, the continued weakness of the overall price has also affected the enthusiasm of downstream procurement to some extent.

In China, due to the weakness of the renminbi, buyers have lower intentions to purchase imported resources. Buyers in Taiwan and South Korea waited and watched prices fall further, after all, the current market sentiment was too weak. Japan's domestic titanium dioxide market is stable, and its local resource prices remain at 310-350 yen/kg.

Buyers in Southeast Asia are watching the market and the economic development prospects are clearer. The atmosphere of the spot negotiations is limited, and the buyers’ current inventory is adequate.

Asian valuations held steady this week compared to last week, at 2250-2450 USD/ton.

In the process of Machining Titanium alloy, the titanium alloy material itself has low modulus of elasticity, large elastic deformation, high cutting temperature, low thermal conductivity and high chemical activity at high temperature, which makes the sticky knife phenomenon serious, easily aggravating the tool wear and even breakage, which leads to the poor machinability of the titanium alloy. Therefore, machining titanium alloy requires proper cutting tools and good machining technology.

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