[attention] both quantity and price go up! Titanium dioxide listed company annual report bright titanium dioxide still has room for price increase?

Today, the titanium dioxide plate continued to rise in the morning and held steady in the afternoon. As of 13:10 in the afternoon, the titanium dioxide plate was up 2.4 per cent. In terms of individual stocks, Jinpu titanium industry rose 9.9 per cent, medium nuclear titanium dioxide rose more than 6 per cent, and Longpython Bailey, Zhenhua shares and Huiyun titanium industry rose more than 4 per cent.

Recently, titanium dioxide enterprises have released their annual reports for 2020 and quarterly reports for 2021. Longyanbai's 2020 annual report revenue increased by 24.21% compared with the same period last year, the company reported in the first quarter increased by 25.89% compared with the same period last year, and net profit increased by 18.03% over the same period last year. Revenue of medium nuclear titanium dioxide in 2020 increased by 10.03 per cent year-on-year, net profit increased by 10.27 per cent year-on-year, and net profit in the first quarter is expected to grow by 275 million to 105 per cent year-on-year.

Northeast Securities pointed out that in 2020, the titanium dioxide market "N"-shaped trend, volume and price rose together to boost performance against the trend. The titanium dioxide market in the first quarter of 2020 coincided with the period of stock preparation and replenishment before and after the Spring Festival, and the market performance was strong; in the second quarter, due to the spread of the epidemic at home and abroad, demand decreased; in the third and fourth quarters, as the epidemic was brought under control, the global economy stabilized, and the demand for titanium dioxide stabilized and gradually recovered. at the same time, due to the rising prices of raw materials such as titanium ore, the volume and price of titanium dioxide rose.

This year, the price of titanium dioxide is still strong. As of April 21, SMM anatase titanium dioxide was reported at 18250 yuan per ton. according to SMM, the price of titanium dioxide in the market continues to be firm, and there are many production schedules in large factories. Some factories have scheduled production to June, and downstream demand, especially the heat of foreign trade, is not decreasing. Coupled with the expected increase in raw material titanium concentrate prices, titanium dioxide enterprises are optimistic about the future price trend. At the same time, under the influence of environmental protection inspectors, the operating rate in Shandong and Anhui is limited, and the tight market supply can not be improved in the short term. It is expected that in the later stage, with the increase of titanium concentrate prices, titanium dioxide prices still have some room to rise.

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