Titanium dioxide sets off a new round of price rise agencies expect the industry to maintain a high boom

SMM News: titanium dioxide ushered in a new round of price increases. On December 2, a number of titanium dioxide companies announced price increases. China Nuclear Titanium dioxide announced on the evening of December 2 that the company's price committee decided to comprehensively increase the sales prices of various types of titanium dioxide on the basis of the existing sales prices of titanium dioxide from now on. Among them: the sales price of domestic customers has increased by 600 yuan / ton, and the export price of international customers has increased by 100 US dollars / ton.

In addition, Tianyuan Group also announced that starting from December 2, 2020, the sales price of titanium dioxide from different brands of chlorination process will be increased by 700 yuan / ton on the basis of the original sales price for the domestic market; and for the international market, on the basis of the original sales price, the sales price of titanium dioxide for different brands of chlorination process will be increased by 100 US dollars per ton.

Longyanbai announced that from December 1, the sales price of each type of titanium dioxide will be increased by 500 yuan / ton to all kinds of domestic customers and 100 US dollars / ton to all kinds of international customers on the basis of the original price.

It is reported that with the development of science and technology, the application of titanium dioxide has been extended to new energy, environmental protection, high-end equipment, medical and other fields in recent years, and the application prospect is very broad. According to incomplete statistics, the price of titanium dioxide has been rising since the beginning of this year, and has experienced at least 7 rounds of price adjustment so far.

Guorong Securities believes that the strong rebound in titanium dioxide prices, on the one hand, by the rise of raw material titanium concentrate to promote the impact of production costs. On the other hand, the production capacity of overseas giants was affected by the epidemic in the second quarter, and revenue generally declined, which provided an opportunity for Chinese titanium dioxide enterprises to go out to sea to seize market share. Titanium dioxide exports from January to August have increased by 20% compared with the same period last year. At present, the epidemic situation in Europe and America has not been controlled for the time being, and the export growth rate of titanium dioxide may further rise. Therefore, on the whole, the price of titanium dioxide still has room to rise further in the fourth quarter.

The Guojin Securities Research report pointed out that from the supply side, the output of the major domestic titanium dioxide production enterprises is stable as a whole, and most manufacturers seize the overseas market opportunities by taking advantage of the insufficient supply of overseas leading enterprises and the price difference of products to seize market share, the pre-production orders are still in production, and the spot supply situation is still tight. The inventory in the third quarter was basically digested, and the replenishment plan was carried out as scheduled under the law of the cycle.

Titanium dioxide related companies:

Longyanbaili: the only large-scale titanium dioxide production enterprise in China with both sulfuric acid and chlorination processes. The production scale of titanium dioxide is the first in Asia and the fourth in the world. The existing annual production capacity of titanium dioxide is 600000 tons. The construction of the chlorination project with an additional 200000 tons per year is progressing smoothly.

Medium nuclear titanium dioxide: the second in the domestic titanium dioxide industry, it is the first enterprise to introduce a full set of rutile titanium dioxide production technology from abroad.

Anada: one of the earlier domestic titanium dioxide manufacturers, the company's business income mainly comes from rutile titanium dioxide.

Jinpu titanium industry: Nanjing titanium dioxide, a wholly owned subsidiary, is one of the earliest enterprises in China to produce titanium dioxide, and it is also one of the earliest enterprises in China to develop and produce high-grade rutile titanium dioxide and chemical fiber titanium dioxide. At present, it has become a domestic large-scale sulfuric acid titanium dioxide production enterprises and industry backbone enterprises.

Panzhihua Iron and Steel Co., Ltd.: the company has a production capacity of 230000 tons of titanium dioxide.

Tianyuan Group: the company's main products are polyvinyl chloride, caustic soda, hydrazine hydrate, cement, polystyrene, chlorinated titanium dioxide and so on. The company has polyvinyl chloride 500000 tons / year, hydrazine hydrate 30, 000 tons / year, caustic soda 480000 tons / year, cement 1 million tons / year, chlorinated titanium dioxide 50, 000 tons / year.