Titanium dioxide market is rising again

Since the release of TITANIUM Dioxide Price Adjustment Letter on September 2 in Yibin Tianyuan, nearly 20 enterprises such as Guangxi Shunfeng Titanium Industry, Longpeilian Titanium Industry, CNC Titanium Dioxide Industry and Jinpu Titanium Industry have announced Titanium Dioxide Price Adjustment in just seven days. Among them, the domestic sales price increased by 500 to 800 yuan (ton price, the same below), and the international price increased by 50 to 100 dollars.

Industry insiders analysis, the main reasons for the centralized price adjustment of titanium dioxide enterprises are as follows: first, the supply of raw titanium concentrate is relatively tight, the price is more and more firm, and the production cost is increased; second, most titanium dioxide enterprises have no inventory, whether it is due to the decline of the start-up rate of enterprises in the earlier period, the "transfer of storage" in August or the rise of exchange rate. Good foreign trade, to a certain extent, has consumed enterprise inventory; the third is the arrival of the traditional peak season of "Gold, nine silver and ten silver", the market demand will be significantly improved than in July to August; the fourth is that the August price hike tide gives the market some confidence.

According to Yan Titanium cloud merchant statistics, since Longboli announced the price adjustment of titanium dioxide on August 2, 24 manufacturers have followed up the price increase that month, with the price increase of 500-800 yuan. At the end of August, CITIC Titanium Industry increased 450 yuan ahead of schedule, while Longboli, CNIC Titanium White and Jinpu Titanium Industry warmed up the hot "Jinjiu" market ahead of schedule.

Yantian Titanium Industry Analyst Yang Xun introduced that in early August, a wave of price hikes caused producers and distributors to increase their actual unit prices, some of which rose 200-300 yuan. Driven by the psychology of buying up and not buying down, the titanium dioxide market has basically stopped falling. The actual shipments of both manufacturers and distributors improved throughout August, especially in the first half of the month. Although the actual increase of each manufacturer was flexible, the actual order volume increased. With the arrival of the traditional peak season, some producers are short of spot supply, the overall inventory of several brands of products is only a few thousand tons, and some have to arrange orders for 10 to 20 days.

It is known that there are not many new single signatures in the domestic titanium dioxide market at present, just entering the period of price increase, the upstream and downstream enterprises have a strong wait-and-see mentality, and the overall market price is temporarily chaotic. The mainstream prices of domestic sulfuric acid rutile and anatase titanium dioxide are 14,000-16,500 yuan and 118,000-13,000 yuan, respectively. The mainstream prices of domestic and imported chlorinated rutile titanium dioxide are 17,500-20,000 yuan and 24,800-26,800 yuan, respectively.

For the future market, the industry generally believes that there are many uncertainties, and the market trend is not very clear. However, in the short term, the domestic titanium dioxide market may slow up in the peak demand season. Yang Xun believes that with the supply shortage of some producers and the arrival of the traditional peak season, the comprehensive price of titanium dioxide will rise again in September, and the actual transaction price will be discussed one by one.