Titanium dioxide opened a new round of increases

The peak season "silver ten" is almost over, and titanium dioxide companies have opened a new round of increases
.
Since October 25, 9 enterprises such as Panzhihua Haifengxin Chemical Co.
, Ltd.
, Qianjiang Fangyuan Titanium Dioxide Co.
, Ltd.
, Panzhihua Titanium Sea Technology Co.
, Ltd.
, Hunan Chuangda Yutu Chemical Co.
, Ltd.
, Panzhihua Hengtong Titanium Industry Co.
, Ltd.
, and Guangxi Xilong Chemical Co.
, Ltd.
have bucked the trend and announced a rise of 600~1000 yuan (ton price, the same below).

。 Up to now, the mainstream quotations of domestic sulfuric acid rutile and anatase titanium dioxide are 16,000~18,000 yuan and 14,000~15,000 yuan respectively, and the mainstream prices of domestic and imported chlorinated rutile titanium dioxide are 21,000~23,500 yuan and 31,500~36,000 yuan
.

Industry insiders believe that this round of rally has given a shot in the arm to the long-weak titanium dioxide market, not considering the rally, at least for now, it has basically stopped falling
.
At the same time, driven by the psychology of bottoming, demand was stimulated, and the number of orders climbed, which also made the volume of orders in October show a V-shaped trend
.
With the reduction of inventory of major large-scale production enterprises, the effect of warehouse transfer is prominent, but the overall supply has decreased significantly, and the price has risen
.

"Compared with before, the frequency of this wave of price increase letters is not very high, and it seems that most titanium dioxide manufacturers are not enthusiastic
about it.
" Yan Titanium industry analyst Yang Xun analyzed that the titanium dioxide market has been weak for a long time, and production companies want to reverse the rise, but most companies pay more attention to the price policy of large enterprises, so most of them are still on the sidelines, and they are convinced that only after the price increase is reached by the consensus of large production enterprises can the real benefit be obtained
.
Although the current situation is suitable for price increases, large production enterprises rely on brand, cost, price and other advantages, low suppression is obvious
.

Due to the high cost of titanium ore and sulfuric acid, the main raw materials of the upstream industry, superimposed on the price of the main large production enterprises of the same industry, many titanium dioxide production enterprises are under the pressure of "double-headed", have to stop production, limit production, and more production enterprises in southwest, east China and other places stop production for 1~2 months, the comprehensive supply of titanium dioxide is greatly discounted
.
Although demand also weakened at the same time, the supply contraction was greater than the decrease in demand
.
In addition, the peak season "Golden Nine and Silver Ten" also reflects part of the energy, the inventory on the supply side is exhausted, and it is reasonable for
some enterprises to increase it.

For the future market, Yang Xun predicts that the domestic titanium dioxide market will stop falling
.
He believes that the titanium dioxide market has been weak for a long time, and the appearance of several price increase letters will make people question its gold content
.
But in fact, from the market trend in recent years, the first shot of titanium dioxide price rebound is always very difficult, but a few more rounds will come true
.
By the end of the year, demand in the north contracted, the Lunar New Year was relatively early, and exports coincided with Christmas, and the weight of this weakness was relatively large
.
Therefore, enterprises should try to remain rational
in the face of price increases.
The price increase letter promotes the market to stop falling, channels and terminals can appropriately replenish inventory, even if the demand is not good, the probability of inventory will not depreciate
.

"It is expected that the titanium dioxide market will take about two weeks to become clear
.
Judging from the current situation, the production enterprises with low inventory have announced the increase, and before getting the exact news of large enterprises, most of them are still on the sidelines, and the continuation of the price increase needs to be updated.

Yang Xun analyzed
.