The titanium dioxide industry has entered a period of adjustment, and leading companies are facing challenges

Wind data shows that on October 9, the price of titanium dioxide in the South China market was 13,300 yuan/ton, still at the low point of the price cycle. In recent years, the price of titanium dioxide has been fluctuating downward, leading to pressure on the operating performance of companies in the titanium dioxide industry, which has entered a deep adjustment period. "Especially for small and medium-sized enterprises in the industry, their competitiveness in terms of scale, cost, and technology is relatively weak, facing considerable operational pressure," said an industry practitioner. Amid multiple challenges, some companies in the industry are actively seeking breakthroughs, and the merger and acquisition integration of the industrial chain is accelerating. Industry insiders interviewed believe that mergers and acquisitions will help promote the further scaling and intensification of the titanium dioxide industry, facilitate technological upgrades, and enhance product quality and global competitiveness. (Securities Daily)