Titanium dioxide market is just around the corner

Titanium dioxide market is just around the corner to welcome price news. Yesterday, . The company stated that from July 5th, the ex-factory price of every ton of rutile titanium dioxide will be raised by 500 yuan from the original price. Until the next adjustment letter is effective. This is another price-raising company after Koster and Japan’s Ishihara announced on July 1 that all titanium dioxide prices have been raised by US$150/ton globally. When the news comes out, one can't help but think of whether the eighth price increase is coming. Already approaching.

At present, the market price of titanium dioxide in China is stable, and the market negotiates the price to implement the latest price. As of the close of this week, the mainstream of domestic sulfuric acid rutile titanium dioxide is about 11,000-12,400 yuan/ton. As a whole, the downstream demand has gradually recovered, traders’ intention to receive goods has gradually increased, and market sentiment has increased with price increases. In terms of industrial chain, last week, the price of titanium ore in Panxi region was strong, and due to environmental reasons, small factories stopped producing more, coupled with poor iron ore prices, resulting in tight market supply. In addition, Panzhihua Iron and Steel stopped the export of titanium concentrate, making the high-quality ore slightly nervous. Taken together, the price of titanium concentrates in Panxi area is slightly higher than that of other mineral sources, and the rate is slightly faster, because the current price of imported titanium concentrates remains stable, and the downstream titanium dioxide market has gradually entered the off-season. At present, the price of Ti-38 or above in the Panxi area is around RMB 450/t (excluding tax), the price of 46 grade 10 titanium concentrate is between RMB 690-730/t (excluding tax), and the price of 47 grade titanium concentrates. In the 730-770 yuan / ton (excluding tax) room.

Titanium dioxide price stability, can not be separated from the external economic situation has considerable support for the titanium dioxide market: real estate, automotive industry continues to pick up this year's two major industries. At the beginning of 2016, the fiery sales on the sales side brought about a substantial rebound in the growth rate of new real estate for start-ups. Automobile sales increased significantly under the stimulus of policies. China Automobile Association expects auto sales in 2016 to increase by 6%, and increase by 1.3 percentage points year-on-year. The other is exports. In May 2016, the export of titanium dioxide in China was 71,231.552 tons, an increase of 50.68% year-on-year, an increase of 27.96%, and the average export price was about US$1541.1/ton, of which the top three export countries were India, the United States, and South Korea. From January to May, the total export of titanium dioxide was 284,623.731 tons, an increase of 24.85% over the same period of last year.

Therefore, the market bullish sentiment is still high. CNI Titanium Dioxide said on the interactive platform on July 4th that with the stabilization of the macro economy, relevant industries have begun to recover from the low point, and the downstream industry’s demand for titanium dioxide has also picked up this year. Titanium dioxide sales are good. The stability of the titanium dioxide market itself, coupled with the economic recovery, gave the titanium dioxide ready to meet the confidence of the eighth price increase.