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On July 3, Panzhihua Zhengyuan Technology Co.
, Ltd.
announced that the price of the company's anatase titanium dioxide has been increased by 500 yuan (ton price, the same below) since July 6
.
In fact, it is very common for both titanium dioxide manufacturers and distributors to adjust prices according to their own inventory conditions recently, and the titanium dioxide market has basically stopped falling
.
Domestic and foreign quotations increase
Domestic and foreign quotations increaseAt the beginning of June, foreign companies successively raised the price of titanium dioxide
.
Driven by this, since the end of June, a number of domestic titanium dioxide companies have sent letters to increase the price, including Panzhihua Titanium Sea Technology, Panzhihua Titanium Chemical, Guangxi Detian Chemical, Yunnan Dahutong Titanium Industry Co.
, Ltd.
, Guangxi Jinmao Titanium Industry Co.
, Ltd.
The company, Panzhihua Zhengyuan Technology Co.
, Ltd.
, Hunan Chuangda Yutu Chemical Co.
, Ltd.
, Guangxi Shunfeng Titanium Industry Co.
, Ltd.
, China Nonferrous Metals Group (Guangxi) Pinggui UFO Co.
, Ltd.
, Yumen Jingyang Titanium Dioxide Manufacturing Co.
, Ltd.
and other enterprises announced The price adjustment will increase the domestic titanium dioxide price by 500 yuan and the international price by 80 US dollars
.
Market demand for rebound
Market demand for reboundYang Xun, an analyst in the titanium industry of Yan Titanium, believes that this announcement is also the first time in the past three months
.
It is understood that due to the impact of foreign epidemics, the import and export of the upstream and downstream of the titanium dioxide industry chain has slowed down simultaneously, especially the terminal export has a greater impact
.
The market set the tone of "gray" in the second quarter, and the market in the third quarter may be "red" for a bullish start
.
The short-term bullish trend is obvious
The short-term bullish trend is obviousFu Yijiang, deputy secretary general of the Titanium Dioxide Industry Branch of the China Coatings Industry Association, believes that this wave of rising titanium dioxide prices is a restorative growth
.
"Judging from the current comprehensive information, the titanium dioxide market is likely to continue to rise in July
.
Up to now, the terminal market has already stocked up, and some are stocking up, but most of them need to arrange orders and wait for the goods, and the supply of goods is tight or accelerated to push up.
The price of titanium dioxide
.
The comprehensive trend of the domestic price market is still based on the leading enterprises in the southwest.
Early July may become a key time point for the price trend
.
In the short term, the actual price of the holder's order is firm, and the market outlook has already been hammered.
The actual transaction price We will discuss it one by one
," Yang Xun said
.
At the same time, Yang Xun pointed out that although the current titanium dioxide market has basically stopped falling and rising, there are still three negative factors that need attention
.
First, in the off-season, domestic trade demand is still not optimistic
.
From the perspective of supply and demand, there is no strong pulling force, and the sustained bullish support for the market outlook is insufficient
.
The relocation effect of some manufacturers and distributors is obvious, or the peak season may be brought forward, overdrafting the "Golden Nine Silver Ten" demand
.
Second, the epidemic situation abroad is still severe.
At present, the export market has recovered to about 60% of the normal level.
However, the overall export volume of upstream and downstream has reached a bottleneck, and it will continue to recover slowly
.
The third is that due to India's closure of the country to fight the epidemic and the Sino-Indian border issue, it may have a negative impact on China's titanium dioxide exports and titanium ore imports
.