Down to trench edge titanium dioxide market firm and stable

In mid-July, the price market of titanium dioxide has been weak for a long time. After the centralized price adjustment at the beginning of the month, it seems that it has reached a bottleneck stable period. Except for the long purchasing cycle just needed by the old customers, the trading market seems to have no elastic demand, and the end-users are more shrewd. Watch and see, refuse high quotation. In East China and other regions, manufacturers will stop production and repair, control inventory, and wait until August or a new scene. At present, the price difference of the same grade products is still around 1500 CNY/ton.

Titanium dioxide market circulation chain, traders are gradually polarized, "the stronger, the weaker withdraw", sales volume larger (including domestic trade and foreign sales) of the first-level agent traders, with their own strength and customer advantages, often from life. Manufacturers get lower channel prices, more and more transparent market prices, so that regular sales profits pressure again and again, and even sometimes in order to complete the task, even out and loss also have to do, so the regular "huddle heating" between distributors must become just needed.

Yantian Group has settled 30 years'industry background, top channel advantages and joined "Yantianbai Supply Chain Channel", which makes traditional channel merchants have more trade forms, such as price difference trade + market trade, to increase product types, reduce procurement costs, optimize supply chain links and improve transaction efficiency.

After the large-scale price adjustment in early July, the price of titanium dioxide has remained basically stable. It seems that the price of titanium dioxide has become more and more reluctant on the road of price reduction. The mainstream price is stable and the price reduction is less and less active. In fact, the price has dropped almost, and the traditional off-season has only one. It's been August. Considering that it's more than half a year since the last price increase, according to Yan Titanium Yun Shang's statistics, the producers increased 1,000 CNY/ton twice in January-February 2019, but fell by about 2,500 CNY/ton afterwards.

According to Yan Tieyun's understanding, there is a shortage of spot supply for producers in Shandong, Jiangsu and Anhui provinces, such as a manufacturer in Shandong province needs to arrange orders for 20-30 days for a conventional brand; the actual inventory of eight brands of products of a manufacturer in Anhui province is less than 10,000 tons, which is far below the conventional inventory level. A large southwestern enterprise has held a meeting to stipulate that the main brands of products nationwide are prohibited from selling at low prices, that is to say, on the one hand, large producers refuse to sell at low prices, on the other hand, dealers slow down the initiative to relax the atmosphere. In addition, manufacturers in Shandong and other regions began to gradually enter the traditional peak season of routine maintenance process to prepare for the "Gold, Silver and ten". At present, orders have been restricted.

At present, most domestic rutile and anatase titanium dioxide by sulfuric acid process are quoted at 13500-15500 CNY/ton and 11500-13000 CNY/ton. The mainstream price of domestic and imported Rutile Titanium Dioxide by chlorination process is 17500-20000 CNY/ton and 24800-26800 CNY/ton according to their use.

According to the State Assets Commission of the State Council, the Regulations of the Ministry of Finance on the Supervision and Administration of State-owned Assets Transaction of Enterprises and the relevant regulations of provincial and municipal governments, Zhenjiang Public Resources Trading Center published Jiangsu Taibai Group on May 29, 2019. In the announcement period of 100% state-owned equity transfer, only one qualified transferee of Jinpu Investment Holding Group Co., Ltd. who intends to pay a deposit is solicited. According to the provisions of Article 32 of the Provincial State-owned Assets Commission's Rules for the Transfer of State-owned Property Rights of Jiangsu Enterprises, the transferee is determined directly. The concession price is 13.1 million yuan.

Link: Jiangsu Taibai Group Co., Ltd. is mainly engaged in ZR-940+ and other titanium dioxide, with annual output of 70,000 tons of high-grade rutile titanium dioxide, 70,000 tons of polyferric sulfate and 250,000 tons of sulfuric acid production capacity, its own: Jiangsu Zhentitanium Chemical Co., Ltd., Zhenjiang Taibai Chemical Co., Ltd. The combined Jinpu Titanium Industry (000545) will have an actual capacity of 250,000 tons.

Titanium dioxide, such as ZR-940+Titanium dioxide, which is the first-class agent of Yantian Group, has stable supply and favorable price. Free samples are welcome.

Future market forecast

This week domestic titanium dioxide price market is weak, Yan Titanium industry analyst Yang Xun believes that: titanium dioxide Market in the deep off-season weak stage, July stabilization, price market advantages and multiple factors gradually appear, the situation among producers is different, but more reluctant to lower, blame only the trading atmosphere is too low. Poor, in the short term, the overall market of titanium dioxide is weak, a single discussion.

Titanium R-900 series titanium dioxide still has a high cost performance ratio at present. Welcome to contact Shanghai Yantitanium Industry Co., Ltd. for sample test.