Currently, macroeconomic growth is showing signs of stabilization and recovery. In August, the PMI data rose to 51, marking a 16-month high. HSBC reported that China’s manufacturing PMI reached 50.1 in August, up from 47.7 in July. The increase in new orders and output has been a key driver behind this economic rebound. As the peak season for gold, silver, and ten (referring to the traditional Chinese festival period) approaches, companies are expected to continue their stock-repairing activities. This trend is also reflected in the chemical industry, which has seen a modest recovery. Recent business statistics show that the prices of several key chemical products have increased. Methylene chloride and butadiene saw monthly increases of 29% and 18%, respectively, while TDI and glyphosate rose by 12% and 7%. Even refrigerants like R134a only dropped by 7%, indicating a general upward trend. Under the dual pressures of environmental regulations and growing downstream demand, titanium dioxide producers are expected to push for stronger price adjustments. Leading company Sichuan Longxuan has already signaled its intention to raise prices. With the upcoming peak season for titanium dioxide, demand is expected to surge significantly. During the 2011 boom, the sector saw substantial gains in stock prices. According to the latest reports from the Shanghai Securities Daily, the titanium dioxide industry has shown marked improvement since the gold, silver, and ten season. Shipments and prices have both improved, with anatase titanium dioxide prices rising and rutile production increasing notably. Market expectations suggest a strong price adjustment is on the horizon. In late August, Panzhihua Iron and Steel Company's Chongqing Titanium Industry was suspended due to pollution concerns, and Longyi Titanium also faced environmental challenges. These events have contributed to a rebound in titanium dioxide prices. Meanwhile, the coatings industry, driven by real estate demand, is experiencing a clear improvement. This bodes well for a second wave of price increases in titanium dioxide. Additionally, environmental protection policies are expected to be introduced this year, further tightening supply conditions. With flue gas denitrification and exhaust treatment accelerating, titanium dioxide used in denitrification is set for significant growth, opening up new market opportunities. According to industry estimates, current mainstream denitrification catalysts use vanadium-titanium series catalysts, consuming about 0.8 tons of titanium dioxide per cubic meter. With the nitrogen oxide emission limit for coal-fired power plants reduced to 100 mg/m³ by July 2014, the demand for titanium dioxide is expected to rise sharply. For listed companies, Salisbury has a production capacity of 160,000 tons of rutile titanium dioxide. Recently, the number of pull-to-car trucks in the company’s warehouse has increased significantly. Sales managers are now required to check inventory before shipments to avoid stockouts. Jinpu Titanium, with a capacity of 80,000 tons, also saw a 20% increase in sales of rutile titanium dioxide in August compared to July. Strong chemical products continue to be influenced by environmental pressure. Products like glyphosate, spandex, and dyes have benefited from supply constraints this year, maintaining good profitability. According to information from Shanghai Securities News, the industry's capacity remains limited, and many SMEs are choosing to halt operations for maintenance. Glyphosate, for example, saw output in August similar to that of July, with no significant increase in volume. Most small and medium enterprises remain offline. Recently, Baek mentioned on the SSE Interactive Platform that it is affected by special environmental rectification efforts. Currently, the company does not produce glyphosate, and its subsidiary Zhejiang Baike Cape Chemical Co., Ltd. is still under production suspension. Industry analysts expect that in early September, major suppliers will implement maintenance plans, leading to continued supply tightness. Regarding spandex, the peak season has arrived, and downstream demand has improved. Manufacturers are facing tight inventory levels. Over the past week, several spandex companies have announced price hikes, with mainstream varieties like 40D rising by nearly 1,000 yuan per ton. Huafeng Spandex, supported by tight stock levels, raised prices for certain specifications, with 30D increasing by 2,000 yuan per ton and 40D by 1,000 yuan per ton starting September 1. Shuangliang Spandex and Taihe New Materials are also tightening their inventories, with some specifications seeing price increases of 1,000–2,000 yuan per ton last week.