Titanium dioxide lifted the fifth round of price surge
Release Date: 2020-09-14   |   Concen: 279

On September 4, Guangxilong Chemical Co., Ltd. issued a price adjustment letter, deciding to increase the company's titanium dioxide price by 500 yuan (ton price, the same below) from the same day; On September 7, Lomon Group Co.,Ltd., was the first to issue a price adjustment letter. Subsequently, 15 companies from Lomon Annada Titanium Industry Co.,Ltd., CNNC Hua Yuan Titanium Co.,Ltd., Gpro Titanium Industry Co.,Ltd., and so on, raised their prices by 500 Yuan and 80 to 100 U.S. dollars respectively. This is titanium dioxide industry this year the fifth, the second half of the third time to lift the price tide.

Industry analysts, titanium dioxide raw material prices rose significantly resulting in part of the titanium dioxide production enterprises selling prices and costs upside down, which is an important factor to promote the price of titanium dioxide market.

"Tight supply is another reason for titanium dioxide prices. At present, the stock of mainstream production enterprises is still tight, and the specific brand products of individual enterprises have been sold out; "It is very common for agents and end customers to queue up for delivery, and some agents have a tight spot distribution." Yan Ti titanium industry analyst Yang Xun said that the current situation of spot inventory of production enterprises polarization: a small number of production enterprises spot inventory positions are relatively normal, production, delivery and so on are no obstacles; Most of the production enterprises inventory emergency, and the market weight is high.

Yang Xun believes that titanium dioxide spot market supply is tight, the main reason is the export market began to pick up.

According to the statistics of the General Administration of Customs, the export volume of titanium dioxide in China in July this year was 97,500 tons, with a month-on-month increase of 26.17% and a year-on-year increase of 10.07%. From January to July, the total export volume of titanium dioxide was 666,600 tons, with a year-on-year growth of 15.84%.

"According to the export data in July this year, the export of foreign trade has basically recovered, but some special countries still have certain restrictions due to the epidemic and other reasons. However, from the perspective of the expansion of export target countries, the export loss of these countries has been basically made up. Production enterprises export order delivery priority is still relatively high, domestic spot tension or continued. Yang Xun said.

However, although the traditional peak season has begun in September, the terminal demand has not reached the ideal level, the downstream market fluctuations of titanium dioxide is more rational, not ready for long-term goods is also a mainstream operation to return to reality.

For titanium dioxide later market trend, Yang Xun believes that, with the closure of longqi single, the market hint is obvious, although the demand enthusiasm is not high, but the market to rise will stimulate the elastic demand of end customers. In the short term, titanium dioxide spot market supply will continue to be tight, even if the price will not lead the rise will also be strong dark rise. At present, all aspects of the conditions have been adjusted, only to confirm the dragon price, it is expected that the "Gold nine" season is not weak.


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