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After the Spring Festival, four titanium dioxide enterprises including Guangxi Shunfeng Titanium Industry Co.
, Ltd.
, Hunan Chuangda Yutu Chemical Co.
, Ltd.
, and Panzhihua Tianlun Chemical Co.
, Ltd.
announced their prices
.
At present, the mainstream quotations of most domestic sulfuric acid rutile and anatase titanium dioxides are between 16,800 and 18,300 yuan and 13,500 to 14,500 yuan.
Domestic and imported chlorinated rutile titanium dioxides are classified according to their use.
The mainstream price is 18,500 to 18,500 yuan.
20,500 yuan and 25,800 to 28,000 yuan
.
Yan Titanium Industry Analyst Yang Xun believes that the festive atmosphere of the Spring Festival has not dissipated when returning to the market after the festival.
Although some manufacturers who originally planned to suspend production and maintenance after the festival, chose to temporarily postpone the maintenance plan due to the large number of orders in hand, but still A small number of manufacturers have stopped production for maintenance, and the overall operating rate has declined, resulting in a slight decrease in terminal supply, ordering and other goods are still relatively common, and social inventory is low
.
In addition, the dedicated line and LTL logistics have not been fully restored, and some logistics companies have only restored 50% to 60% of their capacity.
At the same time, because the holiday has just passed, the terminal demand has not been fully activated, the goods cannot meet the starting volume, and the logistics timeliness in the short term is low
.
Li Nanzhu, a senior analyst at Shenwan Hongyuan Securities, believes that the price increase of titanium dioxide in the off-season has exceeded market expectations, and it is expected that the industry boom will continue to rise in 2021
.
According to Tu Duoduo's statistics, in 2020, the total output of titanium dioxide in China will be about 3.
47 million tons, a year-on-year increase of 9.
3%; the export volume will reach 1.
21 million tons, a year-on-year increase of 21%; the domestic apparent consumption will be 2.
43 million tons, a year-on-year increase of 3.
7%
.
In terms of demand, in 2021, driven by the continued recovery of overseas economies and the upward cycle of real estate in the United States, China's titanium dioxide exports are expected to continue to maintain a high growth rate, while domestic demand maintains a steady growth.
Continue to go up
.
"The current industrial chain inventory is at a low level, and corporate orders are full.
Lomon Billions announced a price increase in the off-season that exceeded market expectations
.
Zhang Yujing, director of the data department of Tuduoduo, believes that although titanium dioxide manufacturers have many orders in hand, the actual profits of enterprises this year are not optimistic.
The cost pressure and inventory shortage are driving prices up
.
"At present, the manufacturers are relatively strong in controlling the supply of goods, and the supply of the agents can basically be guaranteed, but there are also reductions in
quantity and supply, which makes the spot situation in the terminal market more tense.
The holders of Yuan should do a good job of screening, and the more the spot is tight, the more cautious they need to trade
.
" Yang Xun reminded that in a complex market environment, it is necessary to choose a regular service provider
.
