[hot stocks] the titanium dioxide plate strengthens the trading limit of Jinpu titanium industry, Anada and Lubei chemical industry.

Today, the titanium dioxide plate is strong. As of November 06, Jinpu Titanium Industry, Anada, Lubei Chemical Industry rose by the daily limit, Anning shares rose by more than 8%, Dinglong Culture and Huiyun Titanium Industry rose by more than 7%, Longyanbaili and medium Nucleus Titanium dioxide rose one after another.

On the news, yesterday night, Dragon Python announced an increase in the price of its various models of titanium dioxide, after some foreign companies announced price increases. Guo Liangpo, assistant to the president and minister of finance, said that the gross profit margin of the company's main product, titanium dioxide, was 35.99% in 2020 and will further increase with the continuous increase in the price of the company's products in 2021.

Prior to this, Anada Titanium Industry Co., Ltd. announced that it would produce 9242.1 tons of rutile titanium dioxide in May, with a big increase in titanium dioxide production. China Nuclear Titanium dioxide previously announced that it plans to raise an additional 7.091 billion yuan for recycling titanium dioxide deep processing project, water-soluble monoammonium phosphate (water-soluble fertilizer) resource recycling project, annual production of 500000 tons of ferric phosphate project and supplementary working capital.

Since the beginning of this year, titanium dioxide enterprises have raised the prices of various types of titanium dioxide many times. The titanium dioxide plate is up more than 40% from its low at the beginning of the year. According to SMM, the average price of rutile titanium dioxide was 21250 yuan per ton on June 9, up nearly 20% from the end of February.

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Titanium dioxide is widely used in paint, plastic, rubber, ink, paper, chemical fiber, ceramics, daily chemical, medicine, food and other industries. Driven by the demand of downstream real estate and automobiles, the price of titanium dioxide has continued to rise since the second half of 20 years. Under the background of global economic recovery, the demand of titanium dioxide industry continues to rise, the enterprise orders are sufficient, and the market is highly prosperous. It is expected that the growth of titanium dioxide industry is still guaranteed.