Titanium dioxide prices continue to rise

TITANIUM dioxide has entered a period of stalemate and stabilization after the second wave of price increase in the second half of 2019. Since August, the terminal market has accepted the fact of price increase within a certain range, and its actual consumption is inversely proportional to the acceptance of the price increase (large consumption, small acceptance of price increase); With small dosage and large acceptance of price increase, the Rutile type solid monolith of sulphuric acid process basically disappears below 14000 CNY/ton. Since the first increase in August, some end-users have reserved at least one month's stock, but since September, the trading market has changed from enthusiastic to stable, so we have to say that August overdrawn some of the demand in September or even October. At present, the price difference of the same grade products is 1500-2000 CNY/ton.

Titanium dioxide has long been the product of the buyer's market. Faced with the market stimulated by rising prices, the actual unit price of the market rises slowly, and the terminal market has to deal with all kinds of markets: "Watch and see the price drop, suppress the price rise!" These are the two main strategies, in addition to the low threshold of titanium dioxide management, strong replaceability, and mixed products, which have lowered the overall Level of titanium dioxide, which makes the sales side of titanium dioxide always be unable to sell at a lower price, and the price increase is not moving. In this realistic environment, it is very critical to find an advantageous source of goods. Quality assurance, second stable supply, third low price.

After the two-tide of production. At present, most producers and distributors are short of cash supply, mainly concentrated in eastern and southwestern China. Some need to arrange orders for 15-20 days, some have been in negative inventory, and near the October Daqing, some producers have shutdown plans, manufacturers and businesses in eastern, central and Northern China and other regions. In the traditional peak season or extended period of the third and fourth quarters of 2019, even though terminal inventory is only a quantitative warehouse transfer effect, the event-related impact may cause the trading climate to rise in late September, and the trading market after the peak season may end in a bleak way at the end of the fourth quarter.

At present, most domestic rutile and anatase titanium dioxide by sulfuric acid process are offered at 14200-16500 CNY/ton and 1210-13100 CNY/ton, while domestic and imported rutile titanium dioxide by chlorination process are offered at 17500-20000 CNY/ton and 24800-26800 CNY/ton according to their use.

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Future market forecast

This week, the domestic titanium dioxide price market stabilized after rising. Yan Titanium industry analyst Yang Xun believes that "Jinjiu" has more than half. The price market of titanium dioxide has entered a stable period after rising. Stable market makes the holders panic. In fact, don't worry. First, the continuity of this wave of price rise may be better than that of Yan Titanium dioxide industry analyst Yang Xun. Our imagination is complete; secondly, the downstream has accepted the price increase to a certain extent; thirdly, the main producers have tight spot supply; fourthly, the raw titanium concentrate market is strong support. In the short term, the market of titanium dioxide in the peak season continues to be in a good state of protection, and the actual transaction price will be discussed one by one.