Titanium dioxide market enters the era of low prices

According to industry statistics, the titanium dioxide output of the entire industry in the first quarter of this year was about 770,000 tons, an increase of 3.8% year-on-year. Affected by the epidemic in the first quarter, the production of some enterprises was affected, and the new production capacity in the market was released, the overall output has increased, and the overall market is relatively stable.

According to customs statistics, the cumulative export volume of titanium dioxide in January-March this year was 331276.2 tons, and the cumulative average export price was US $ 2042.71 / ton. In March, China's export volume of titanium dioxide was 157171.88 tons, an increase of 60.25% year-on-year.

Zhou Lei said that the true impact of the epidemic on the entire titanium dioxide industry was seen in early April. Affected by the epidemic situation at home and abroad, the terminal demand declined, the orders of titanium dioxide enterprises have weakened, and the stocks of enterprises have begun to increase. Due to the high cost pressure, some enterprises in the market have restricted production. Due to the high cost of raw materials, domestic titanium dioxide production in April A slight decline.

On April 17th, the leading titanium dioxide enterprise Longman Baili Xiangyang Base was promoted. The 996 grade titanium dioxide was priced at 14,000 yuan per ton, a profit of 1,700 yuan relative to the normal price of 15,700 yuan. In the price adjustment letter issued by Dongfang Titanium on April 29, its titanium dioxide products decided to reduce prices by 500-1000 CNY/ton according to different varieties and different markets.

Zhou Lei pointed out that under the influence of this, panic sentiment spread in the market, and various manufacturers have made concessions to sell. The titanium dioxide market as a whole entered the downward channel and entered the era of low prices.

Guide industrial technology innovation
Zhou Lei pointed out that the titanium dioxide center will guide the titanium dioxide industry technology innovation strategic alliance to help enterprises do three tasks together.

One is to actively communicate with titanium dioxide enterprises. In response to February 18, the European Union issued an official authorization regulation, according to the European Union Regulation (EC) No. 1272/2008 on the classification, labeling and packaging (CLP) of substances and mixtures, titanium dioxide is classified as Class 2 suspected by inhalation Carcinogen regulations. Under the unified coordination of the Petrochemical Federation, it will explain to the relevant ministries and commissions and refute the scientific nature of the experiment.
The second is to earnestly understand and actively strive to enjoy more policy dividends. Since this year, governments at all levels have newly formulated and promulgated many preferential policies to stimulate economic development, including periodic public consumption reductions and exemptions, tax and fee deferrals, and funding support. At the same time, from top to bottom, through the local government and industry organizations, they continue to propose new support measures to the central government.
The third is to help titanium dioxide enterprises do a good job in product application development, assist titanium dioxide enterprises to establish application laboratories, provide technical support and on-site services, etc.
At the same time, the titanium dioxide branch center recommended that titanium dioxide companies nationwide do a good job. On the one hand, while resuming production and resuming production, the company does a good job in standardized production and strengthens safety management in production to ensure the stability of product quality.

On the other hand, we must strengthen the work of product application research and development, especially the docking with downstream coatings, plastics, inks and other industries. Understand the requirements of downstream industries on products, do a good job in relevant application experiments, and form a complete application solution.

Zhou Lei said that in the face of the current severe market conditions, combined with the functional characteristics of titanium dioxide products and their positive correlation with social and economic development, titanium dioxide companies should have confidence in future development. All enterprises must formulate relevant countermeasures according to their own characteristics. The titanium dioxide sub-center will continue to do various services for the industry according to its own positioning. Create the future.