On May 7, Anada announced an increase in the price of its main titanium dioxide products. It said that according to the recent domestic and international market demand for titanium dioxide and the rise in raw material prices, the company decided to raise the sales prices of its main products from May 7, 2021. The domestic sales prices of rutile titanium dioxide and anatase titanium dioxide are both increased by 1000 yuan per ton, and the export price is increased by 150 US dollars per ton.
So far, on the basis of the price increase on March 3, 2021, the company has raised the prices of its main products twice, the prices of rutile titanium dioxide and anatase titanium dioxide have both increased by 2000 yuan / ton, and the export price has increased by 300 US dollars / ton.
At the same time, Anada stated that the company will closely follow the price trend and market changes of titanium dioxide and do a good job of price adjustment in time. The company's continuous increase in the sales price of its main products will have a positive impact on the company's operating performance. However, after this price adjustment, the impact on sales volume is uncertain, and the duration of the new sales price cannot be determined, so there is a risk of product price fluctuation. The board of directors of the company reminds investors to make prudent decisions and pay attention to investment risks.
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