[attention] Titanium dioxide set off the eighth round of price increases! Tight supply and exuberant demand is the main reason.

SMM12 March 10: it is reported that on December 1st, more than 20 titanium dioxide enterprises, such as Panzhihua Iron and Steel Co., Ltd., Haifengxin Chemical Industry, CITIC Titanium Industry, and so on, sent letters to raise their prices one after another, raising the domestic price by 700 million yuan (ton price, the same below) and the international price by 100 million US dollars. At the same time, the price increases were also announced by four foreign companies, Komo, Konos, Tino and Pan-Neng Tinto, who raised the price of titanium dioxide in the Asia-Pacific market by US $100,150. According to the Deputy Secretary-General of the Titanium dioxide Industry Branch of the China Coatings Industry Association, this is the eighth concentrated price increase in the titanium dioxide industry this year, mainly due to the continued tight supply, the exuberant export market and the high cost of raw materials.

Titanium dioxide is an important inorganic chemical pigment, which is mainly composed of titanium dioxide. Titanium dioxide is a kind of white pigment with excellent performance, which has good hiding power and coloring power, and is widely used in many fields, such as paint, plastic, paper, ink and so on. Titanium slag has the characteristics of stable grade, no radioactive elements and low content of heavy metals, so it is mainly used in the production of titanium dioxide and sponge titanium. Titanium dioxide industry is a minority industry in the chemical industry. According to the statistics of the titanium dioxide sub-center of the National Chemical Industry Productivity Promotion Center, the domestic demand has been on the rise in the past decade.

Recently, the price of titanium dioxide has reached a new high of the year. Guojin Securities believes that on the supply side, large factories are routinely overhauled, and the industry operating rate is affected, of which the output of the southwest factory is expected to be halved in one month. On the demand side, under the severe epidemic situation overseas, the export performance of titanium dioxide is excellent, and the demand at home and abroad is strong. It is expected that the price of titanium dioxide will continue to rise in the later period due to lower operating rate at the supply end, tight spot and strong superimposed demand.

In terms of the stock market, the titanium dioxide plate rose sharply in November, rising to its highest level since February 2018 on November 23, but then began to adjust continuously. since the beginning of this month, many stocks have shown a downward trend, and the titanium dioxide plate as a whole has fallen back to its position in mid-November. Today, the titanium dioxide plate was first red and then green, and fell by 0.32% in the afternoon. In terms of individual stocks, Longyanbai and Anning shares rose more than 2%, Lubei Chemical rose more than 1%, while Huiyun Titanium, Jinpu Titanium and Donghua Technology fell.