Import and export volume of titanium dioxide increased in the first two months

On March 30, the reporter learned from the Secretariat of titanium dioxide industry branch of China Coating Industry Association that the import and export volume of titanium dioxide in China showed double growth from January to February.

According to statistics, from January to February, China exported 174100 tons of titanium dioxide, a year-on-year increase of 30%.The average export price was USD2037/mt. Among them, the export in January was about 103400 tons, a year-on-year increase of 47.81%, a month on month increase of 2.58%,The average export price was about USD2042.02/mt. In February, the export volume was about 71200 tons, increased up to 10.22% year on year, dropped 31.08% month on month,The average export price was about USD2037.46/mt.

In terms of import, from January to February, China imported 27100 tons of titanium dioxide, a year-on-year increase of 31%.The average import price was about USD2886/ton. Among them, the import volume in January was about 9200 tons, a year-on-year decrease of 26.18%, a month on month decrease of 46.57%; the average import price was $2924.66/ton. In February, the import volume was about 17900 tons, a year-on-year increase of 115.9%, a month on month increase of 95.28%; the average import price was US $2873.93/ton.

China's exports were mainly affected by the outbreak of the coronavirus outbreak in February this year, and foreign downstream companies worried that the production of titanium dioxide in China was limited and orders were increased. In recent months, with the aggravation of the epidemic situation abroad, the export orders of some domestic enterprises have been affected since the late March, and the export volume of titanium dioxide is expected to decline in the second quarter.