Net profit of medium Nuclear Titanium dioxide in 2021 or Tripling of Titanium dioxide Market products are in short supply

Recently, China Nuclear Titanium dioxide issued a performance forecast for 2021. From January 1, 2021 to December 31, 2021, the net profit belonging to shareholders of listed companies was 1.1880046 billion yuan to 1.4256055 billion yuan, an increase of 150% over the same period last year. 200%.

In view of the substantial increase in performance this year, China Nuclear Titanium dioxide said that during the reporting period, the company's main product rutile titanium dioxide market was in a business cycle, products were in short supply, and sales prices increased greatly compared with the same period last year.

During the reporting period, in view of the changeable market environment of titanium dioxide upstream and downstream, the company strictly controlled the cost by locking in low-cost bulk raw materials; adjusted the marketing strategy in real time according to the market situation: actively investigated the market and related policy guidance and other influencing factors, timely analyzed and understood the market situation, timely adjusted the ex-factory price and sales policy of products; enriched the variety of products and launched customized products to better meet market demand.

The company has further strengthened its internal management, effectively improved the efficiency of operation and management, reduced costs and efficiency, enhanced profitability, and brought about performance growth.

It is reported that since the beginning of this year, the titanium dioxide industry has been booming, the price of titanium dioxide has continued to rise during the year, and medium-nuclear titanium dioxide has also raised the price of its titanium dioxide products many times. in the middle of this month, medium-nuclear titanium dioxide has just released the latest price increase letter, starting from January 1, 2022. Comprehensively raise the sales prices of various types of titanium dioxide in the company. Among them: the sales price of domestic customers is increased by 1000 yuan / ton, and the sales price of international customers is increased by US $150 / ton.