The price of titanium dioxide is raised again, and the prosperity of the industry is rising.

According to recent reports, Panzhihua Tianhai Science and Technology announced an increase in the quotation of rutile and anatase titanium dioxide by 1000 yuan per ton for domestic trade and US $150 per ton for foreign trade. Since the end of December last year, nearly 20 titanium dioxide manufacturers have announced increases ranging from 50 to 1000 yuan per ton.

Titanium dioxide is an important inorganic chemical pigment, which is mainly composed of titanium dioxide. There are two processes for the production of titanium dioxide: sulfuric acid method and chlorination process. It has important applications in paint, ink, papermaking, plastic, rubber, chemical fiber, ceramics and other industries. According to the latest statistics from the Titanium dioxide Sub-Center of the Chemical Industry Productivity Promotion Center and the Secretariat of the technological Innovation Strategic Alliance of the Titanium dioxide Industry, the comprehensive output of all kinds of titanium dioxide and related products of all 42 full-process titanium dioxide production enterprises in China in 2020 was 3.512 million tons, an increase of 330000 tons over the previous year, an increase of 10.39 percent.

Cumulative export volume of titanium dioxide (tons)

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According to the Cinda Securities Research report, since 2020, the price of titanium concentrate has risen by about 50% from 1350 yuan / ton at the beginning of the year, and the current price is about 2050 yuan / ton. The recovery of the global economic Synchronize in 2021 leads to the rapid growth of demand, the depletion of titanium ore resources and the limited new production capacity lead to less elasticity of supply, the superimposed industrial chain enters the active replenishment cycle, and the gap between supply and demand of titanium ore is expected to continue to maintain. promote the price of titanium ore to continue to rise, and is expected to hit a new high.

Cinda Securities believes that in recent years, the depletion of global titanium mine resources is serious, but the new mine production capacity is very limited. 90% of the downstream of titanium ore is concentrated in the field of titanium dioxide, and the terminal demand is mainly concentrated in real estate, automobiles and other fields. There is a positive correlation between titanium dioxide consumption and GDP. With the gradual landing of the vaccine, the global economic Synchronize recovers, and the superimposed industrial chain takes the initiative to replenish the database. The demand for titanium dioxide in 2021 is expected to exceed the historical natural growth rate of 2-3%, and the demand for titanium dioxide is expected to increase.