Is the price of titanium dioxide at an inflection point? Is the market likely to be bright?
Is the price of titanium dioxide at an inflection point? Is the market likely to be bright?
With the gradual subsidence of the upsurge of "where has titanium dioxide gone", the circulation of titanium dioxide market in October has increased, and the market has been affected by three rounds of price increases in July, August and September. This year's demand for the peak season of Gold Sep. and Silver Oct. has also been overdrawn in advance, so the market situation has gradually turned a corner, and the market mentality has also changed again.
Downstream enterprises in the early stage of continuous stocking, titanium dioxide market demand for new orders significantly reduced at this month, shipment pressure of some dealers, traders has increased, market quotations have also changed, but in terms of traders, inventory in hand is basically the early procurement, the cost price has an advantage compared with this month's titanium dioxide market price, enterprises are more active to shipment, the shipping price has a price difference of 200-400 yuan/ton compared with this month's manufacturer quotation, each transaction price has a single negotiation. As far as manufacturers are concerned, there are many orders in hand until the end of this month, and some manufacturers have orders until the beginning of November, and the export orders of some enterprises are still good. It is understood that the current inventory of titanium dioxide manufacturers is still at a low level, and even more needs to be shipped in a single order, coupled with the pressure of high cost prices, so that the quotation price of titanium dioxide manufacturers remains firm, although the price of individual manufacturers was slightly adjusted last week, but the range is not great, most of the titanium dioxide manufacturers keep the price unchanged, and the willingness to reduce prices in the near future is not high, manufacturers wait and see; as of press time, China's tax-included price of rutile titanium dioxide is 16100-17600 yuan/ton, the tax-included price of anatase titanium dioxide is 14800-15200 yuan/ton.
Affected by terminal demand this month, the price of titanium dioxide and its raw materials perovskite and sulfuric acid have been adjusted, according to LYDD data, in October, the price of titanium ore of small and medium-sized manufacturers in Panxi region in China was reduced by about 70 yuan/ton, the market price of sulfuric acid in most areas has not been adjusted much, taking Panzhihua area as an example, the price of sulfuric acid has been reduced by 120 yuan/ton; although the price of raw materials has been reduced, the overall cost of titanium dioxide manufacturers is still high.
With the end of the peak season in the market, the titanium dioxide market will gradually enter the off-season in November, the market demand or will be reduced again, the market shipment is still under pressure, and with the consumption of market circulation sources, the price of titanium dioxide will gradually become clear, but the poor terminal demand has become a fact. In Nov. and Dec, market participants are mostly bearish on the market outlook, and the price of titanium dioxide in the later period may be adjusted in a narrow range; the titanium dioxide market has maintained a high level in the past three months, with an average monthly operating rate of 86%. However, affected by the market, some titanium dioxide manufacturers will carry out annual inspection from November to December, and the maintenance time will be about 20 days; However, the production capacity of the market in the early stage has been released one after another, and the market will also have new production capacity put into production, and the market supply may show an increasing trend in the later stage, and the supply and demand game of the titanium dioxide market.
This year, the overall export data of titanium dioxide has maintained a steady increase, although there are new domestic production capacity put into production, but titanium dioxide enterprises are also expanding the export market one after another, coupled with the high price of titanium raw materials, the introduction of domestic real estate policies, the domestic economy is expected to improve, and the titanium dioxide market will still be optimistic in the later period.
- Titanium Products Market Quotation On May 211178
- Market Quotation of Titanium Products(April 29)1804
- Titanium Dioxide Export Support is Strong, and the Domestic Market Has a Strong Wait-and-see Mood (4.25 Titanium Weekly Report)1993
- The Market Quotation of Titanium Products On April 112987
- Where has the "Titanium Dioxide" Gone?6091