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More than half a month has passed since November, and the price of titanium dioxide has continued the upward trend this year.
At present, more than 30 manufacturers have issued price adjustment letters with an increase of 500-1000 yuan/ton
.
Since this month, some manufacturers have done more than once
.
Xu Tingting, an analyst at Zhongyu Information, said that since the continuous price increase at the beginning of the year, rutile titanium dioxide has been leading the rise, and the performance of anatase, which truly reflects the market situation of titanium dioxide, has been relatively stable.
Value can be reflected
.
According to data released by the National Bureau of Statistics on November 14, the national real estate development investment increased by 6.
6% in the first 10 months of this year, while the increase in the first 9 months was 5.
8%
.
From January to October this year, the national real estate development investment increased by 6.
6% year-on-year, and the growth rate was 0.
8 percentage points higher than that from January to September.
The growth rate of real estate development investment accelerated for three consecutive months
.
Even if first-tier cities have introduced housing loan restrictions, investors still seem to be optimistic about the prospects of China's real estate industry
.
The steady development of the real estate industry has driven the steady growth of demand in the coatings industry
.
From January to September, China's total paint output reached 13.
4504 million tons, a year-on-year increase of 7.
4%
.
Among them, the paint output in Guangdong Province reached 2,474,400 tons, an increase of 8.
7% year-on-year; the paint output in Jiangsu Province reached 1,694,900 tons, an increase of 4.
9% year-on-year; the output of Shanghai paint reached 1.
5994 million tons, an increase of 3.
9% year-on-year
.
The coating industry is the main downstream industry of titanium dioxide, and the price increase of coatings has played a supporting role in the multiple price increases of titanium dioxide
.
The supply of upstream raw material titanium ore is tight, and miners are reluctant to sell and are willing to continue to explore.
Imported ore is offered at a high price, which has not diminished the supporting role of the titanium dioxide market
.
However, since the beginning of winter, the demand for the downstream coatings market has remained steady, and the price of titanium dioxide has continued to rise and the momentum has weakened
.
Xu Tingting said that, on the whole, the continuous increase in the price of titanium dioxide this year has benefited from the implementation of the country's "de-capacity" and "de-stocking" policies.
The reduction of manufacturers' inventories and production capacity has increased the market price of titanium dioxide
.
At present, the actual transaction price of rutile titanium dioxide is mostly 13300-14500 yuan/ton, and the actual transaction price of anatase titanium dioxide is mostly 9800-12000 yuan/ton
.
It is expected that the price of titanium dioxide in the short-term market will not rise again, and the market will be stable, with many real orders, and a single discussion
.