Since the beginning of 2016, the market price of titanium dioxide has continued to rise, coupled with the pulling of foreign trade, driving the continuous rise in the price of titanium dioxide.
From January to May, the cumulative export of titanium dioxide nationwide was 28,4623.7 tons, an increase of 5,665,800 tons, an increase of 24.85%. In May 2016, the country’s export of titanium dioxide was 7,1231.6 tons, which was the highest in the history of monthly export volume, which was an increase of 2,3957.5 tons, an increase of 50.68% year-on-year; an increase of 1,5564.2 tons, an increase of 27.96%; the first three exports. The countries are India, the United States, and South Korea. The export volume of titanium dioxide in May accounted for about 30% of the national titanium dioxide production for the month, which played a key role in the improvement of the recent industry boom. However, in terms of the average unit price of imported titanium dioxide in May, the import price of US$2,298.84/ton was 1.54 times the export price of US$1541.1/ton.
From January to May, the cumulative amount of titanium dioxide imported nationwide was 69211.4 tons, a year-on-year decrease of 1,1811.2 tons, a decrease of 14.58%. In May, the national import volume of titanium dioxide was 1,5904.6 tons, a year-on-year decrease of 3470.0 tons, a reduction of 17.91%, an increase of 2797.7 tons, an increase of 21.34%; the top three countries or regions of import were Taiwan, Australia, and the United States.
Titanium dioxide prices pick up return to rational
Since the 1-2 quarter of 2012, the titanium dioxide industry has gradually shown a sluggish market. The market demand has shrunk and the price has dropped. Although the short-term “rebounds†and “crunch†in the middle, it is not enough to change the general trend of the downward trend. There is a big difference from the hot scenes in 2010-2011. Thanks to the gradual recovery of the global economy and the country's policy of encouraging exports, a good balance of production and sales in the entire industry emerged from 2013 to 2014: In 2013, exports exceeded 400,000 tons for the first time, reaching 403,000 tons, accounting for the current year. The national output of 18.7%; 2014 exports increased by 37% over the previous year, reaching 552,000 tons, accounting for 22.7% of the country's total production. However, by 2015, especially in the second half of the year, due to the slowdown of global economic growth and weak domestic market demand, titanium dioxide prices have been “diving†all the way, hitting historical lows. Most of the titanium dioxide manufacturers except some large companies The Department chose to restrict production and stop production to reduce losses. The export volume of titanium dioxide also decreased: In 2015, the export volume was 53,8394.4 tons, a year-on-year decrease of 1,4084.8 tons, a decrease of 2.5%.
In 2016, under the pressure of global and Chinese economic downturn, the price of titanium dioxide began to bottom out. Different from previous years, the current titanium dioxide inventory is lower than the conventional level, and even some products are "hard to find"; exports have also repeatedly hit a record high, although the domestic market demand is not yet strong, but the rigid demand and titanium dioxide production and inventory Can match. From the beginning of July to the beginning of July, domestic titanium dioxide companies experienced an “eight-pronged riseâ€, which laid the trend for a reasonable market price in the first half of the year. The overall titanium dioxide industry in China is in a rising channel. The price of titanium dioxide in 2016 is expected to become reasonable. Based on. According to statistics, the current domestic market is about 13,000 yuan/ton. The increase in the price of titanium dioxide was mainly due to the shrinkage of production capacity of domestic and foreign titanium dioxide enterprises and the improvement of supply and demand patterns. Real estate new construction area and car sales data show that demand continues to pick up this year. At the same time, the supply side was also affected by multiple factors, overseas production capacity was shut down, domestic environmental protection high standards eliminated backward production capacity, and industry integration increased. In addition, the prices of titanium concentrates in the upstream raw materials continued to be strong, and recent Panxi mines stopped production due to environmental pressure, tighter mineral resources and larger price increases, which also supported the downstream price of titanium dioxide.
Industry promotes supply-side reform and accelerates merger integration
With the advancement of supply-side reforms in China's titanium dioxide industry and the acceleration of industry mergers and acquisitions, the industry supply and demand pattern in the future is expected to further improve.
Chlorination titanium dioxide progress
As we all know, the chlorination process has many advantages over the sulfuric acid process and is the mainstream process for the development of the titanium dioxide industry in the world. The development of chlorinated titanium dioxide in China can be said to be difficult and costly. Fortunately, although the process is difficult, although the price is heavy, China's chlorination titanium dioxide has been a breakthrough, product quality has significantly improved.
In terms of prices, although the current market is still increasing prices, Longyi has accumulated an increase of 3,500 yuan/ton this year, but the actual domestic demand is still not high, and entered the traditional off-season in July and August, Europe and the United States also began holiday peak, foreign exports Or decrease, the expectation of market price increase is getting smaller and smaller, or it will stop "up eight consecutive rise". In the second half of the year, manufacturers are more likely to be war-torn each other, and they will be priced based on actual conditions such as their own inventory. The prices may fall back, but the falling-back space will remain within reasonable prices, appearing to be lower than most manufacturers as last year. The chances of the cost price situation are already small.
From January to May, the cumulative export of titanium dioxide nationwide was 28,4623.7 tons, an increase of 5,665,800 tons, an increase of 24.85%. In May 2016, the country’s export of titanium dioxide was 7,1231.6 tons, which was the highest in the history of monthly export volume, which was an increase of 2,3957.5 tons, an increase of 50.68% year-on-year; an increase of 1,5564.2 tons, an increase of 27.96%; the first three exports. The countries are India, the United States, and South Korea. The export volume of titanium dioxide in May accounted for about 30% of the national titanium dioxide production for the month, which played a key role in the improvement of the recent industry boom. However, in terms of the average unit price of imported titanium dioxide in May, the import price of US$2,298.84/ton was 1.54 times the export price of US$1541.1/ton.
From January to May, the cumulative amount of titanium dioxide imported nationwide was 69211.4 tons, a year-on-year decrease of 1,1811.2 tons, a decrease of 14.58%. In May, the national import volume of titanium dioxide was 1,5904.6 tons, a year-on-year decrease of 3470.0 tons, a reduction of 17.91%, an increase of 2797.7 tons, an increase of 21.34%; the top three countries or regions of import were Taiwan, Australia, and the United States.
Titanium dioxide prices pick up return to rational
Since the 1-2 quarter of 2012, the titanium dioxide industry has gradually shown a sluggish market. The market demand has shrunk and the price has dropped. Although the short-term “rebounds†and “crunch†in the middle, it is not enough to change the general trend of the downward trend. There is a big difference from the hot scenes in 2010-2011. Thanks to the gradual recovery of the global economy and the country's policy of encouraging exports, a good balance of production and sales in the entire industry emerged from 2013 to 2014: In 2013, exports exceeded 400,000 tons for the first time, reaching 403,000 tons, accounting for the current year. The national output of 18.7%; 2014 exports increased by 37% over the previous year, reaching 552,000 tons, accounting for 22.7% of the country's total production. However, by 2015, especially in the second half of the year, due to the slowdown of global economic growth and weak domestic market demand, titanium dioxide prices have been “diving†all the way, hitting historical lows. Most of the titanium dioxide manufacturers except some large companies The Department chose to restrict production and stop production to reduce losses. The export volume of titanium dioxide also decreased: In 2015, the export volume was 53,8394.4 tons, a year-on-year decrease of 1,4084.8 tons, a decrease of 2.5%.
In 2016, under the pressure of global and Chinese economic downturn, the price of titanium dioxide began to bottom out. Different from previous years, the current titanium dioxide inventory is lower than the conventional level, and even some products are "hard to find"; exports have also repeatedly hit a record high, although the domestic market demand is not yet strong, but the rigid demand and titanium dioxide production and inventory Can match. From the beginning of July to the beginning of July, domestic titanium dioxide companies experienced an “eight-pronged riseâ€, which laid the trend for a reasonable market price in the first half of the year. The overall titanium dioxide industry in China is in a rising channel. The price of titanium dioxide in 2016 is expected to become reasonable. Based on. According to statistics, the current domestic market is about 13,000 yuan/ton. The increase in the price of titanium dioxide was mainly due to the shrinkage of production capacity of domestic and foreign titanium dioxide enterprises and the improvement of supply and demand patterns. Real estate new construction area and car sales data show that demand continues to pick up this year. At the same time, the supply side was also affected by multiple factors, overseas production capacity was shut down, domestic environmental protection high standards eliminated backward production capacity, and industry integration increased. In addition, the prices of titanium concentrates in the upstream raw materials continued to be strong, and recent Panxi mines stopped production due to environmental pressure, tighter mineral resources and larger price increases, which also supported the downstream price of titanium dioxide.
Industry promotes supply-side reform and accelerates merger integration
With the advancement of supply-side reforms in China's titanium dioxide industry and the acceleration of industry mergers and acquisitions, the industry supply and demand pattern in the future is expected to further improve.
Chlorination titanium dioxide progress
As we all know, the chlorination process has many advantages over the sulfuric acid process and is the mainstream process for the development of the titanium dioxide industry in the world. The development of chlorinated titanium dioxide in China can be said to be difficult and costly. Fortunately, although the process is difficult, although the price is heavy, China's chlorination titanium dioxide has been a breakthrough, product quality has significantly improved.
In terms of prices, although the current market is still increasing prices, Longyi has accumulated an increase of 3,500 yuan/ton this year, but the actual domestic demand is still not high, and entered the traditional off-season in July and August, Europe and the United States also began holiday peak, foreign exports Or decrease, the expectation of market price increase is getting smaller and smaller, or it will stop "up eight consecutive rise". In the second half of the year, manufacturers are more likely to be war-torn each other, and they will be priced based on actual conditions such as their own inventory. The prices may fall back, but the falling-back space will remain within reasonable prices, appearing to be lower than most manufacturers as last year. The chances of the cost price situation are already small.
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