Start in January 2022! The Prices of These Chemicals Collectively Increase!

Recently, A-share titanium dioxide leader Anada issued a price adjustment letter, stating that based on recent market demand for titanium dioxide and the sharp increase in raw material prices and other factors, after research and decision, from January 1, 2022, rutile and anatase titanium dioxide The base price of domestic sales was raised by 1,000 CNY/ton, and the base price of foreign trade sales was raised by US$150/ton.

This week, nearly 10 titanium dioxide companies have issued letters announcing the increase, and the price increase is generally around 1,000 CNY/ton. This also confirms the previous feedback from the industry that "the price increase of leading overseas titanium dioxide will drive domestic companies to increase, and the previous price reduction will not last too long."

10 consecutive rounds! Many domestic and foreign companies such as Longbai and Huiyun Titanium have sent letters to announce the rise

Panzhihua Haifengxin Chemical Industry: From now on, the rutile series of titanium dioxide will be increased by 1,000 CNY/ton on the basis of the existing price.

Jinan Yuxing Chemical Industry: Starting from January 1, 2022, the sales price of each model of titanium dioxide will be based on the original price:
Domestic customers: raise 1,000 CNY/ton,
International customers: increase by US$150/ton.

Titanium Technology: With immediate effect, the price adjustments are as follows: domestic customers of rutile and anatase titanium dioxide: an increase of 1,000 CNY/ton, international customers: an increase of 150 US dollars/ton.

China Nuclear Titanium Dioxide: Starting from January 1, 2022, the sales price of various types of titanium dioxide will be based on the original price: domestic customers: an increase of 1,000 CNY/ton, and international customers: an increase of 150 US dollars/ton.

Longbai Group: Starting from January 1, 2022, the sales price of the company's various types of titanium dioxide (including sulfuric acid method and chlorination method) will be increased by 1,000 CNY/ton for various domestic customers and increase for various international customers on the basis of the original price. US$150/ton.

Xilong Chemical: From December 15, 2021, the price adjustment of "Xilong Titanium Dioxide" brand products is as follows:
Rutile titanium dioxide XLR-5188 (universal type)
Domestic customers: raise 1,000 CNY/ton,
International customers: increase by US$150/ton.

Huiyun Titanium Industry: Starting from January 1, 2022, the sales price of various types of titanium dioxide will be based on the original price:
Domestic customers: raise 1,000 CNY/ton,
International customers: increase by US$150/ton.

ISKY ISK: Starting from January 1, 2022, the price of titanium dioxide in all regions except Japan will be increased by US$200/ton (approximately RMB 1274/ton).

Tronox: Starting from January 1, 2022, the price of all titanium dioxide products sold in the Asia-Pacific region will be raised by US$350/ton (approximately RMB 2237/ton).

Chemours titanium dioxide: Starting from January 1, 2022, the price of all specifications of Ti-PureM titanium dioxide purchased in Greater China will be increased by US$300/ton (approximately RMB 1915/ton).

KRONOS: Starting from February 1, 2022, the price of all types of titanium dioxide in the Middle East, Africa and Asia (MEAA) will be increased by 340 Euros/ton or 400 USD/ton (approximately 2200-2600 CNY/ton range) .

Venator: Starting from January 1, 2022, it will increase the prices of all grades of titanium dioxide for coatings, plastics, inks and paper applications sold in the following regions:

Europe: raise 350 euros/ton (approximately RMB 2556/ton);
Middle East and Africa: Increase by USD 400/ton (approximately RMB 2551/ton).

This year, the titanium dioxide giant Longbai Group has increased 10 rounds, with a cumulative increase of more than 8,000 CNY/ton. It has led several times of overall price increases in the industry. After the Gold, nine, and silver prices have passed, the domestic titanium dioxide market has shown a trend of price reductions as a whole. The reason is that the domestic demand is not good. However, at present, some manufacturers are in short supply, and there are more and more voices of price increases. The market is extremely anxious. The agency expects that after the price increase, more domestic companies may follow up.

Eastman and Huntsman overseas giants continue to sprint, with a maximum increase of 34,236 CNY/ton

Eastman (Eastman): Starting from January 1, 2022, the prices of 72 important chemical products such as xylene and Neopentyl Glycol (NPG) will be increased, and most of them will increase by 0.15-1.5 US dollars per kilogram (approximately) except North America. 1000-10000 CNY/ton), of which individual products such as chlorinated polyolefin (CPO) series rose up to 5.38 US dollars / kg (about 34236 CNY/ton).

Huntsman: Starting from January 1, 2022, prices of some products will be increased by up to 40%. Among them, bisphenol F epoxy rose 5%, cycloaliphatic epoxy rose 9%, multifunctional epoxy rose 9%, and modified/solid/liquid/solvent epoxy rose $0.2/Ib (equivalent to 2,800 CNY/ton).

Ashland: Starting from January 1, 2022, the price of BDO and its derivatives in North America will be increased: 1,4-butanediol (BDO) will be increased by US$0.45/lb (approximately 6323 CNY/ton); N-methyl -Pyrrolidone (NMP) increased by US$0.50/lb (about 7025 CNY/ton); 2-Pyrol (2-Pyrol) increased by US$0.50/lb (about 7025 CNY/ton); γ-butyrolactone (BLO) increased by US$0.60 / Pound (about 8430 CNY/ton); tetrahydrofuran (THF) increased by 0.50 US dollars / pound (about 7025 CNY/ton).

Stepan: Starting from January 1, 2022, the price of CASE STEPANPOL® polyol in North America will be increased by up to USD 0.20/lb (approximately RMB 2,810/ton).

Kuraray: From January 1, 2022, the price of some fiber products will be increased globally. Among them, KURALON™ and MINTVAL/KURALON™ K-II polyvinyl alcohol (PVA) fiber products will increase by 10%-20%. Ester (PET) staple fiber products rose by 10%.

Kaneka: Starting from January 1, 2022, the price of polyimide (PI) film products will be increased by more than 15%.

BYK Chemicals: Starting from January 1, 2022, the prices of all products will be increased globally, with an average increase of 15%.

Toyobo: Starting from January 1, 2022, the price of Zylon® PBO products will be increased by 5%-7%.

QQ Chemicals: Starting from January 1, 2022, the prices of all grades of neopentyl glycol (NPG) products will be increased globally. Except for Europe and the United States (including China), the prices of other regions will increase by US$440-490/ton. (About 2808-3121 CNY/ton).

Starting from January 1, 2022, the prices of all grades of amine products including n-butylamine, di-n-butylamine, tri-n-butylamine, etc. will be increased globally, except for Europe and the United States (including China), others The region rose between 230-280 US dollars/ton (about 1465-1783 CNY/ton).

Starting from January 1, 2022, the prices of all grades of 1,3BG (1,3-butanediol) products will be increased globally, with the exception of Europe and the United States (including China), and other regions will increase by $300/ton (About 1909 CNY/ton).

Dow: Starting from January 1, 2022, the price of some resins in North America (the United States and Canada) will be increased by 0.15-0.20 US dollars/lb (approximately 2115-2810 CNY/ton).

KRT: Starting from January 1, 2022, the price of all resin products of the company will be increased globally by at least 250 euros/ton (about 1801 CNY/ton).

Tokuyama, Japan: Starting from January 1, 2022, the price of white carbon black (silica) products will be increased, REOLOSIL™ fumed silica hydrophilic products will be increased by more than 35%, and REOLOSIL™ fumed silica products will be increased by more than 35%. Hydrophobic silica products are increased by more than 35%, and EXCELICA™ fumed silica is increased by more than 20%. Silfil™ spherical white carbon black is increased by more than 20%, Sunseal™ spherical white carbon black is increased by more than 10%, and silicon tetrachloride products are increased by more than 50%.

Mitsubishi Engineering Plastics: Starting from January 1, 2022, the price of IUPITAL™ POM (Polyoxymethylene) series products will be increased, of which China will increase by 2.6 yuan/kg (2600 CNY/ton).

Under the high pressure of cost, price increase has become "the desire of the people"

From “increase outside and decrease inside” to “both inside and outside”, many chemical workers were a little shocked by the price trend of domestic chemicals at the end of the year, and the trend that everyone expected to “stabilize while falling” did not materialize. Whether it is dual energy consumption control, power restriction and production restriction, or the epidemic counterattack, transportation is blocked, the current pattern of weak supply and demand has not been able to stop the price increase of chemical products.

In addition to the supply-demand relationship, another important factor in determining prices is "artificial control of sales." Whether it is an industry that is "trimming the ball" at the edge of monopoly, such as titanium dioxide, or an industry with high technical barriers and strong irreplaceability, its price None of the high positions will show huge changes under the change of supply and demand relationship.

So for coating companies, what will the price increase of chemical raw materials and even the bulk chemicals in the upstream industrial chain bring? There is no doubt that the cost is high. But what is unexpected is that compared with the benefits of the price reduction of raw materials, some leading companies hope that the raw materials will keep rising slowly.

On the one hand, the pressure brought by the price increase of raw materials is obviously more serious on small and medium-sized enterprises than leading enterprises. This can also be seen from the number of small and medium-sized enterprises that have closed down in the past year. When enterprises are eliminated, these enterprises generally do not pay much attention to innovation, R&D and technological strength, but to fight price wars and obtain immediate benefits. On the other hand, companies generally have stockpiling at the end of the year. If the upstream raw materials decline, it will be a huge loss for the stockpiling company's inventory, and it will lose the reason for the gradual increase. Although the end of the year is already in the off-season, many companies in the coatings industry still hope that the raw materials will show a slight upward trend, so that they can pave the way for the coming year.