Titanium dioxide market again rising tide
Since September 2, Yibin Tianyuan issued a letter of titanium dioxide price adjustment, in just 7 days, there have been Guangxi Shunfeng titanium industry, Longpython Baililian, nuclear titanium dioxide, Jinpu titanium industry and other nearly 20 enterprises announced titanium dioxide price adjustment. Among them, China's sales price increased 500~800 yuan (ton price, the same below), the international price increased 50~100 US dollars.
Industry analysis, the titanium dioxide enterprise concentrated price adjustment mainly has four reasons: first, the supply of raw materials titanium concentrate is relatively tight, the price is becoming stronger, pull up the production cost; Second, most titanium dioxide enterprises have no inventory, whether it is the decline in the operating rate of enterprises in the early stage, the "transfer of storage" in August, or the foreign trade brought about by the exchange rate increase, to a certain extent, the enterprise inventory is consumed; Third, the traditional season of "gold nine silver ten" is coming, and the market demand will be significantly improved from July to August; Fourth, the price increase tide in August gives the market a certain confidence.
According to Yan titanium cloud business statistics, since August 2 Longpython Baili announced the price adjustment of titanium dioxide, the month has 24 producers to follow up, the price rose 500~800 yuan. At the end of August, CITIC Titanium industry announced 450 yuan in advance, Longpython Baili, Central Titanium dioxide, Jinpu Titanium industry and other sealed orders to rise is the hot "gold nine" market in advance warming.
Yan titanium industry analyst Yang Xun introduced in early August, a wave of price increases make manufacturers and dealers real single transaction prices have been raised, some prices rose 200~300 yuan. Under the psychological drive to buy up do not buy down, titanium dioxide market has basically stopped falling. Throughout August, whether it is the actual shipments of manufacturers or dealers have improved, especially in the first half of the month, although the actual increase of the manufacturers is flexible, but the actual order volume has increased. With the arrival of the traditional peak season, some manufacturers are in short supply, and the overall inventory of many brands is only a few thousand tons, and some have to queue for 10 to 20 days.
It is understood that at present, China's titanium dioxide market new single signing is not much, has just entered the price increase period, upstream and downstream enterprises wait-and-see mentality is stronger, the overall market price is temporarily chaotic. China sulfuric acid rutile type and anatase titanium dioxide mainstream quotes in 14,000 ~ 16,500 yuan and 11,800 ~ 13,000 yuan; The mainstream price of domestic and imported chlorination rutile titanium dioxide is 17,500 ~ 20,000 yuan and 24,800 ~ 26,800 yuan respectively.
For the future market, the industry generally believes that there are many uncertain factors, the market trend is not very clear. However, in the short term, at the peak demand season, China's titanium dioxide market or will slowly rise.
Yang Xun believes that with the supply shortage of some producers and the arrival of the traditional peak season, the comprehensive price of titanium dioxide in September or meet the rise, the actual transaction price is a single discussion.