Titanium dioxide ushered in the first round of price increases this year

On January 6, Shandong Dongjia and Guangdong Huiyun Titanium Industry both announced an increase in the price of rutile titanium dioxide by 300 yuan/ton
.
In addition, Sichuan Dragon Mang, a leading titanium dioxide exporter, announced on the same day that all products will be increased by 300 yuan/ton based on the current price
.
Yang Xun, a titanium dioxide analyst at the Business Club, revealed that as of January 7, 10 domestic manufacturers have announced an increase in product prices ranging from 200 yuan to 500 yuan per ton.
The titanium dioxide market ushered in the first positive in 2016
.

More companies are expected to follow up on price increases
As several leading domestic companies have announced price increases, the mainstream prices of rutile titanium dioxide products have so far been above 10,000 yuan/ton (tax included)
.

The price increase is the result of internal and external factors
.
At the end of 2015, the five international titanium dioxide giants announced that they would collectively increase their prices by US$150-200/ton globally from January 1, 2016.
Following the maintenance and production restrictions of Sichuan Lomon, domestic companies are about to increase prices
.
Manufacturers in Jiangsu and Guangxi took the lead in raising product prices by RMB 200-300/ton, and many companies followed suit
.

　　Judging from the current market situation, the polarization of titanium dioxide manufacturers is obvious, and the supply of better quality and brand manufacturers is tight, and the production pressure is slightly higher.
Some orders have been scheduled to March
.
However, other manufacturers are still weak in selling goods, and operating rates are low
.
At present, the mainstream quotations of most sulfuric acid-processed rutile and anatase titanium dioxides are respectively 9,300 yuan-10600 yuan / ton and 8,300 yuan-9500 yuan / ton (both including tax), and the price span has increased
.

　　Yang Xun believes that regardless of whether the downstream demand is good or bad, due to the leading increase in Sichuan Dragon Mang, manufacturers across the country may successively plan to increase prices by about 300 yuan/ton
.

　　The supply and demand situation is expected to improve
　　Cinda Securities pointed out that the price increase can be regarded as a bottoming out and rebounding.

.
The price of titanium dioxide has remained low in recent years, and the industry is almost at a loss
.
According to the data, among the titanium dioxide listed companies that are currently releasing performance forecasts due to the price drop, except for Baililian (36.
09, 2.
97, 8.
97%) expected net profit growth, China Nuclear Titanium Dioxide and Anada (14.
23, 0.
76, 5.
64%) are expected to lose for the whole year, with losses of 50 million to 60 million yuan and 115 to 125 million yuan respectively
.

　　In 2015, the global demand for titanium dioxide was sluggish, and titanium dioxide companies shut down production capacity and operating rates declined to adapt to the market
.
Overseas titanium dioxide companies shut down about 320,000 tons of production capacity, of which Chemours, Huntsman, and Tenuo shut down 150,000, 100,000, and 70,000 tons respectively.
The nominal total overseas titanium dioxide production capacity has been reduced from 4.
415 million tons to 409.
5 10,000 tons, the operating rate has declined to varying degrees
.
Although large domestic companies are supported by export orders, most of them have not been able to fully open their production capacity, and small plants are generally half-opened and stopped
.

　　Brokerage analysts pointed out that with the implementation of real estate destocking and supply-side reform policies, the industry supply and demand situation is expected to improve to a certain extent
.
In terms of environmental protection, titanium dioxide, as the inorganic chemical product with the largest emissions of three wastes, is under high-pressure supervision of environmental protection
.
According to the guide catalog for industrial structure adjustment, the state will encourage the chlorination process and restrict the new sulfuric acid process titanium dioxide
.
In addition, under the opinion of titanium dioxide pollution prevention and control, the requirements for pollution prevention, solid waste disposal and comprehensive utilization of sulfuric acid titanium dioxide will increase, which will increase the cost of enterprises
.