Titanium dioxide market stabilization individual brand price rise (4.15-4.19)

1. Market analysis

In mid-April, the price market was somewhat chaotic. On the one hand, the tax concessions of the holders, coupled with the continuous suspension of dragon enterprises since the March rise, on the other hand, individual producers are short of supply and prices have risen slightly. The structure of the price market is composed of high, middle and low levels, and it is also determined by both supply and demand. Rising and not rising are reasonable.

Two consecutive rises in February-March have been more than a stable period of the price market in January. After the rise in prices of Longzhou enterprises, the market has been close to the edge of the sunny period. Holders have begun to shake, and the actual unit price has been slightly loose, mainly due to the tax concessions and the widening price gap between the same level products. Accidents occur frequently in Jiangsu, Shandong and other regions, and regional safety inspections are under way. High-pressure conditions are maintained until the end of April. From the supply side alone, the supply side of TITANIUM dioxide may shrink from spot. At present, manufacturers in eastern China and other regions have limited, shut down operations, and the supply of anatase and special brand Titanium Dioxide may be difficult to obtain.

price penetration period of more than one month, overdraft in March after 1-2 months of demand, terminal production or maintenance, or mainly to digestive raw materials inventory, orders in the latter half of April slowed down, this phenomenon depends on the terminal's stock situation, generally in mid-late May or alleviated. During this period of struggle, downstream customers basically maintain on-demand purchasing, and hold a wait-and-see attitude towards the market trend.

At present, most domestic rutile and anatase titanium dioxide by sulfuric acid process are quoted at 15500-17500 CNY/ton and 13300-14300 CNY/ton. The mainstream price of domestic and imported rutile titanium dioxide by chlorination process is 18500-20500 CNY/ton and 25000-27000 CNY/ton by use (all above are cash tax price).

2. Future market forecast 

This week, the domestic Titanium Dioxide price market is rigid and stable. Yan Titanium industry analyst Yang Xun believes that Longqian will maintain price stability, the terminal market has digested raw materials inventory, while the imported titanium concentrate market is rising, or support the price of titanium dioxide. In the short run, the comprehensive price of titanium dioxide is stable or rigid. It is possible for individual producers to increase the inventory of niche products, and the actual transaction price will be discussed one by one.