Titanium dioxide plate rose sharply what happened to the limit of vanadium and titanium in Panzhihua Iron and Steel Co., Ltd.

SMM11 March 13: November 13 morning, titanium dioxide concept stocks rose collectively, as of midday close, titanium dioxide plate as a whole rose 4.04%, of which Panzhihua Vanadium Titanium, Jinpu titanium industry rose by the limit, Anning shares, Tianyuan Group rose more than 5%, other stocks have followed.

According to reports, Dragon Python & Bailey recently announced a price adjustment, with the domestic quotation rising by 800yuan per ton, plus the increase on October 26th, a total increase of 1500 yuan per ton. According to industry sources, after the dragon python rose again, the major manufacturers said that they would rise again at the right time, possibly in the range of 500 yuan / ton-800 yuan / ton.

Anada announcement, in view of the rising prices of major raw materials, leading to the company's main product titanium dioxide cost continues to increase. The company decided to raise the sales price of its main products from October 28th. The domestic sales prices of rutile titanium dioxide and anatase titanium dioxide are both increased by 700 yuan per ton, and the export price is increased by 150 US dollars per ton.

On October 9, Jinpu Titanium Industry announced that from now on, the sales price of anatase and rutile titanium dioxide will be increased by 800 yuan / ton to all kinds of domestic customers and 150 US dollars / ton to all kinds of international customers on the basis of the original price.

Institutional review

Huachuang Securities pointed out that in terms of production and marketing, the output of the major domestic titanium dioxide production enterprises is stable as a whole, most of the manufacturers are still producing at full capacity, and pre-production orders are still in production, and the spot shortage has not been effectively alleviated. The production line maintenance plans of large factories also have an impact on supply tightening to a certain extent.

Minsheng Securities believes that since the third quarter, titanium dioxide downstream real estate and other infrastructure recovery has been obvious, leading to a significant increase in titanium dioxide demand. At present, the price of titanium dioxide has risen significantly in the third round, and it is expected to continue to rise in the future. With the rise in the price of titanium dioxide, many enterprises gradually break away from the cost line to make a profit, which will have a positive impact on the annual performance.

Dongxing Securities previously said that the rhythm of titanium dioxide, which was supposed to enter a new inventory cycle in the first quarter of 2020, was disrupted by the epidemic, while in the third quarter, the inventory passively accumulated by the industry as a result of the epidemic was basically digested. Under the law of the cycle, replenishment may be late, but will not be absent.

Guojin Securities believes that due to the current rising prices of titanium dioxide and the great cost pressure of downstream manufacturers, the increase in the actual transaction price of titanium dioxide in the short term mainly depends on the acceptance of downstream customers, and the price of titanium dioxide is expected to continue to rise. Vitamins, m-cresol anti-dumping superimposed part of the factory overhaul, Guojin Securities expects VE prices to rise slightly this week VE prices.