Another round of 'price hikes' began in April

Shandong Dongjia Group issued a price adjustment notice, saying that the domestic sales price will increase by 1,000 CNY/ton from the 7th. The international sales price is raised by US$150/ton. Prior to this, Shandong Dongjia sent a letter to increase twice this year. As of now, Shandong Dongjia’s domestic price has increased by 2,500 CNY/ton during the year, and its international price has increased by 400 US dollars/ton during the year.

It is understood that since April, many titanium dioxide companies such as Anada, Dawn Titanium, Donghao Titanium, Jiangsu Zhentai, Tianyuan Group, etc. have also sent letters to increase the price, and the short short holiday has failed to stop the chemical industry. The progress of corporate price increases. In addition, chemical raw materials such as Epoxy Resin, bisphenol A, epichlorohydrin, and dimethyl carbonate also continued their growth in the first quarter without any intention of stopping.

A number of titanium dioxide companies issued a letter with a maximum increase of 1,500 CNY/ton
Dawn Titanium: Starting from April 7, 2021, the price of Dawn titanium dioxide will be raised by RMB 1,000/ton for domestic trade and USD 150/ton for foreign trade.

CNNC Titanium Dioxide: Starting from April 6, the sales price of various types of titanium dioxide will be increased by 1,000 CNY/ton for various domestic customers and 150 US dollars/ton for international customers on the basis of the original price.

Anada: Starting today (6th), the domestic base price of Rutile and anatase titanium dioxide will be raised by 1,000 CNY/ton, and the foreign trade sales price will be raised by US$150/ton.

Jinpu Titanium Industry: Starting from April 6, the company's sales price of anatase and rutile titanium dioxide will be raised by 1,000 CNY/ton, and it will be raised by US$150/ton for various international customers.

Chuangda Yutu: Starting from April 6, 2021, the sales price of "Yutu" brand titanium dioxide will be increased by 1,000 CNY/ton on the original basis.

Qianjiang Fangyuan: Starting from April 6, 2021, rutile titanium dioxide will be increased by 1,200 CNY/ton on the basis of the original price, and the export price will be increased by US$180/ton on the basis of the original price.

Jiangsu Town Titanium: Starting from today (6th), the price of various types of titanium dioxide will be increased, the domestic sales price will be increased by 1,000 CNY/ton, and the foreign sales price will be increased by 150 US dollars/ton.

From the perspective of supply and demand, the domestic titanium dioxide market is in a tightly balanced state, and the supply of foreign titanium dioxide is also relatively tight. 4 large foreign titanium dioxide manufacturers began to implement price increase standards on April 1, which further made the market for titanium dioxide appear Rising expectations. In the future, under the background of rising prices of titanium concentrate and sulfuric acid and the continuous recovery of domestic and foreign demand, the price of titanium dioxide will still maintain an upward channel.