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On March 7th, Longli Li, Zhonghe Titanium Dioxide, Chengdu Vanadium Titanium and Daon Titanium jointly issued price adjustment letters, all of which sold the price of various types of titanium dioxide (including sulfuric acid titanium dioxide and chlorinated titanium dioxide). Based on the original price, the domestic customers will be raised by 500 yuan (ton price, the same below), and the international customers will be raised by 100 dollars. This is the second collective price adjustment for titanium dioxide enterprises this year.
It is understood that at the end of January, Venator announced an increase in the price of its titanium dioxide in the United States and Canada, the price increase is about 150 US dollars. Stimulated by the rising prices in foreign markets, dozens of domestic titanium dioxide companies have announced price increases. According to statistics, from February 12 to 28, more than 20 titanium dioxide producers nationwide issued letters to increase prices, both of which increased by 519 yuan.
According to industry insiders, the high-density concentration increase in the titanium dioxide market is mainly due to the increasing overall cost of most conventional manufacturers. At present, the production cost of rutile titanium dioxide in sulfuric acid method is mostly in the range of 14,000 to 15,000 yuan, while the market price is only 15,000 to 17,000 yuan, so the production pressure is relatively large. In addition, the producers' stocks are lower, and the actual comprehensive inventory of leading enterprises is reduced by about 10,000 tons compared with the normal average. After-sales dealers and most of the downstream enterprises have demand for replenishment, the supply of goods is becoming more and more tight, and the market has price adjustment requirements.
Yan Xi, a titanium industry analyst in the titanium industry, believes that the rise of titanium dioxide in the later period is still expected to continue, which is mainly based on the following reasons: First, the demand season for titanium dioxide is approaching. March to May is the traditional consumption season for the downstream industry of titanium dioxide. With the gradual resumption of work in the northern downstream industry, the demand for titanium dioxide in this region is increasing, which is expected to drive prices to continue to rise.
Second, the price of raw materials is high, the cost pressure is high, and the willingness to raise is still strong. The current trend of concentrated high-grade titanium ore industry is more obvious. Since the decline of titanium ore prices in 2012, the world's major titanium ore suppliers have cut capital expenditures sharply. There are almost no new mines in the world from 2013 to 2018, and some of the production mines are gradually approaching the end of mining. The supply of high-grade titanium ore will be high. Continued to decline. Titanium ore prices are expected to remain high this year, supporting the cost of titanium dioxide.
In addition, the price of titanium dioxide has bottomed out and there is a demand for increase. At present, the price of domestic rutile titanium dioxide is 15,000~17,000 yuan, and the price of anatase titanium dioxide is 12800~14,000 yuan, all of which are at a low price since 2017.
According to industry insiders, in the short term, the comprehensive price of titanium dioxide is firm or not, but the actual transaction price is still a single discussion.
It is understood that at the end of January, Venator announced an increase in the price of its titanium dioxide in the United States and Canada, the price increase is about 150 US dollars. Stimulated by the rising prices in foreign markets, dozens of domestic titanium dioxide companies have announced price increases. According to statistics, from February 12 to 28, more than 20 titanium dioxide producers nationwide issued letters to increase prices, both of which increased by 519 yuan.
According to industry insiders, the high-density concentration increase in the titanium dioxide market is mainly due to the increasing overall cost of most conventional manufacturers. At present, the production cost of rutile titanium dioxide in sulfuric acid method is mostly in the range of 14,000 to 15,000 yuan, while the market price is only 15,000 to 17,000 yuan, so the production pressure is relatively large. In addition, the producers' stocks are lower, and the actual comprehensive inventory of leading enterprises is reduced by about 10,000 tons compared with the normal average. After-sales dealers and most of the downstream enterprises have demand for replenishment, the supply of goods is becoming more and more tight, and the market has price adjustment requirements.
Yan Xi, a titanium industry analyst in the titanium industry, believes that the rise of titanium dioxide in the later period is still expected to continue, which is mainly based on the following reasons: First, the demand season for titanium dioxide is approaching. March to May is the traditional consumption season for the downstream industry of titanium dioxide. With the gradual resumption of work in the northern downstream industry, the demand for titanium dioxide in this region is increasing, which is expected to drive prices to continue to rise.
Second, the price of raw materials is high, the cost pressure is high, and the willingness to raise is still strong. The current trend of concentrated high-grade titanium ore industry is more obvious. Since the decline of titanium ore prices in 2012, the world's major titanium ore suppliers have cut capital expenditures sharply. There are almost no new mines in the world from 2013 to 2018, and some of the production mines are gradually approaching the end of mining. The supply of high-grade titanium ore will be high. Continued to decline. Titanium ore prices are expected to remain high this year, supporting the cost of titanium dioxide.
In addition, the price of titanium dioxide has bottomed out and there is a demand for increase. At present, the price of domestic rutile titanium dioxide is 15,000~17,000 yuan, and the price of anatase titanium dioxide is 12800~14,000 yuan, all of which are at a low price since 2017.
According to industry insiders, in the short term, the comprehensive price of titanium dioxide is firm or not, but the actual transaction price is still a single discussion.
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