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Titanium dioxide set off the fifth round of price increases

September 4, Guangxilong Chemical Co., Ltd. issued a price adjustment letter, decided to raise the company's titanium dioxide price 500 yuan (ton price, the same below); September 7, Longboa Baililian Group Co., Ltd. was the first to release the price adjustment letter, followed by Anhui Ananda titanium industry Co., LTD., China nuclear Huayuan Titanium dioxide Co., LTD., Jinpu Titanium Industry Co., LTD., a total of 15 enterprises sent a letter to adjust the price, the titanium dioxide products in China prices, international prices on the original basis were raised 500 yuan, 80~100 US dollars. This is the titanium dioxide industry for the fifth time this year, the third time in the second half of the year set off a wave of price increases.

Industry analysis, titanium dioxide raw material prices rose sharply caused by some titanium dioxide production enterprises sales price and cost upside down, which is an important factor to promote the price of titanium dioxide market.

" Tight supply is another reason for the price rise of titanium dioxide enterprises. At present, the spot of mainstream production enterprises is still tight, and the specific brands of individual enterprises have been sold out; Agents and end customers queueing for delivery of goods is very common, some agents spot distribution is tight." Yan titanium industry analyst Yang Xun said that the current production enterprises spot inventory polarization: a small number of production enterprises spot inventory position is more normal, production, delivery and so on are no obstacles; Most production enterprises inventory emergency, and the market weight is high.

Yang Xun believes that the main reason for the tight supply of titanium dioxide spot market is that the export market is starting to pick up.

According to the statistics of the General Administration of Customs, in July this year, China's titanium dioxide exports were 97,500 tons, an increase of 26.17%, an increase of 10.07%; From January to July, the cumulative export of titanium dioxide was 660,600 tons, an increase of 15.84%.

" From the export data in July this year, foreign trade exports have basically recovered, but some special countries still have certain restrictions because of the epidemic and other reasons, but from the export target countries to expand, has basically made up for the export loss of the part of the country. The priority of delivery of export orders of production enterprises is still relatively high, and the spot tension in China may continue." Yang Xun said.

However, although the traditional peak season in September has been opened, but the terminal demand has not reached the ideal degree, the downstream market fluctuation of titanium dioxide is more rational, not ready for long-term goods also belongs to the mainstream operation of returning to reality.

For the late market trend of titanium dioxide, Yang Xun believes that, with the Longqi seal single, the market more obvious implication, although the demand enthusiasm is not high, but to rise the market will stimulate the elastic demand of end customers. In the short term, the supply of titanium dioxide spot market will continue to be tight, and the price will be firm and dark even if it is not led by the rise. At present, the conditions for adjustment in all aspects have been met, only to confirm the price of dragon enterprises, it is expected that the "gold nine" season is not weak.

THE END
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