In the middle of Jinjiu, this peak season is quite special. Although the price market of titanium dioxide keeps stable overall, the natural atmosphere is relatively tortuous. Taking East China as an example, the Mid-Autumn Festival and National Day holidays slightly disrupt the rhythm of price operation. The baptism of two typhoons, Beibijia and Prasan, has a certain impact on the regular production of ordinary users, and also has a certain impact on the purchase arrangement of conventional raw materials such as titanium dioxide. In terms of the short-term price market between double festivals, mainstream product prices remain stable, while other manufacturers make price adjustments based on their actual situation. The supply side is also divided into two levels, with some experiencing significant inventory pressure and a small price reduction of 100-200 yuan/ton; Some orders are shipped with a slight increase in terminal market prices. The overall price market is oscillating on a stable basis.
Recently, the Federal Reserve announced a 50 basis point reduction in its benchmark interest rate target range to 4.75% -5%, marking the first rate cut since March 2020. During these four years, the Federal Reserve raised interest rates a total of 11 times, with the benchmark rate continuously increasing from 0% -0.25% to 5.25% -5.5%. What impact does the Federal Reserve's interest rate cut have on the titanium dioxide market? Yang Xun, an analyst in the titanium industry, believes that the 01 theory is favorable. A big interest rate cut can allow the global money to flow, directly affecting the wealth structure. There is more money circulating in the market. Enterprises in the circulation chain are more willing to borrow money to expand production. End users are also willing to spend more money on consumption and investment. Theoretically, the economy will recover slowly, and treasury bond, stock market, property market and bulk commodities have potential rise expectations; In theory, restore confidence. Money flowing back, or some returning to the domestic market, or even to the titanium dioxide market, is more conducive to exports on the one hand; On the other hand, boosting confidence in the titanium dioxide industry; The third aspect may boost the confidence of the main downstream real estate market. At present, housing prices are at a low level, and the return of money is conducive to the restructuring and structural adjustment of real estate companies. With the reduction of loan interest rates, people are more willing to buy houses.