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In April, the domestic and international titanium dioxide market increased prices consistently.
The obvious difference from the March 2013 titanium dioxide market was the “international price increase and domestic decline” in 2013.
The main reason for that year was the sluggish domestic market demand and the haze attack on exports, as well as production.
Excessive inventory of suppliers has yet to be digested, and domestic vicious competition is serious, and international prices are rising and domestic prices are falling
.
Since the beginning of this year, the bulk commodity market has been sluggish in 2015.
The market price of titanium dioxide has hit record lows all the way.
The market has been in the cold current of "cost prices" jumping off the building.
The long-term low-price products have suffered serious losses and most of the corporate profits have been inverted
.
Secondly, at the end of the fourth quarter of 2015 and January and February 2016, domestic titanium dioxide exports increased significantly.
In January 2016, exports of 5,2010.
885 tons, a year-on-year increase of 8%, and a month-on-month decrease of 6.
43%
.
In February 2016, 44,690.
504 tons were exported, an increase of 6.
24% year-on-year, and a decrease of 14.
07% from the previous month.
Domestic companies exported robustly, effectively alleviating the inventory pressure of companies.
At present, mainstream domestic companies have maintained their inventory at a normal level, and some companies have low inventories.
Become another favorable factor for companies to increase prices
.
Third, in the process of continuous implementation of the national supply-side reform, industry mergers and integration are promoted, and backward production capacity exits are promoted.
The titanium dioxide industry may face a major reshuffle.
At the same time, the domestic real estate industry continues to benefit from stimulus, and the terminal demand may slowly recover.
There is limited room for price drop in the white powder market
.
In the domestic titanium dioxide market, the fourth wave of price increases has been established with the landing of Lomon's market price increase
.
Manufacturers in East China, Central China, Southwest China, South China, and Northeast China have successively implemented the increase .
During the 13th Five-Year Plan period, China’s titanium dioxide industry will implement the "three removals, one reduction and one supplement": de-capacity, de-inventory, deleveraging, cost reduction, shortcomings, disposal of “zombie companies”, and promotion of overcapacity will be effectively implemented Inventory quantity matches the market rules of the market, and the market price will no longer have "great profits" nor "jump"
.
The consistent price increase at home and abroad tends to be reasonable is the inevitable trend of the healthy development of the titanium dioxide industry
.