The third round of price increases in the titanium dioxide industry this year has hit. On April 11, Longbai Group Co., Ltd. issued a price adjustment letter stating that from now on, the company will increase the sales price of various types of titanium dioxide on the basis of the original price by 700 yuan (ton price, the same below) for various domestic customers. All kinds of international customers are raised by US$100 (ton price, the same below). On April 12, another 11 titanium dioxide manufacturers successively announced to increase the sales price of titanium dioxide products, with an increase of 700-1000 yuan. This is the third wave of price increases in the titanium dioxide industry this year.
At present, the mainstream quotations of most domestic sulfuric acid rutile and anatase titanium dioxide are 17,500 to 19,000 yuan and 15,000 to 16,000 yuan. 21,000 to 23,500 yuan and 31,500 to 36,000 yuan.
"This round of price increase is mainly due to the current high operating rate of titanium dioxide plants, the high price of superimposed raw material titanium ore, and the drop in the price of by-product ferrous sulfate. The combination of factors has led to pressure on the cost of titanium dioxide enterprises and made the price of titanium dioxide firm; Secondly, affected by the "black swan" incident, some titanium dioxide manufacturers showed obvious signs of recovery in exports, and their orders increased significantly. The titanium dioxide market was more destocked, and the supply of some grades in the market was tight. Although the titanium dioxide market will rise again in April However, the demand in the domestic downstream market is still weak, and the domestic sales pressure of enterprises is relatively high. This time, the market promotion rate is also different. The titanium dioxide market will still be under pressure, and the short-term market will remain stable. "Tu Duoduo Data Management Department Titanium Analysis Shi Qiyu introduced.
Industry market analysts pointed out that in order to start this round of price adjustment, some manufacturers began to block orders in early April, and did not officially announce the price increase until the 11th, making the titanium dioxide market that had been hazy for several days instantly clear. However, at present, the domestic titanium dioxide trading market is still in the "N+3" dilemma of "multi-head game" + "industry trilemma", that is, the two-two game of the upstream and downstream industry chains and the difficult situation in which prices go up and down. Fortunately, a price increase letter has refreshed the titanium dioxide market, but the atmosphere in the trading market is still not good.
"The current domestic price of titanium dioxide is strong, and the possibility of price reduction has been ruled out. In the short term, even in the face of multiple unknown factors such as 'N+3', the price of titanium dioxide is still strong. According to the situation of the price increase letter, the market outlook The price gradient of titanium dioxide may become more and more obvious, and the price difference between products of the same level may increase, but the specific actual order price needs to be negotiated one by one." Yang Xun, an analyst of Yantai titanium industry, believes.
Li Man, a titanium dioxide analyst at SunSirs, believes that Long Enterprises will take the lead in raising prices, and other companies will gradually follow up, boosting current market confidence. In the short term, the titanium dioxide market is mainly on the sidelines, and the market quotations are firm. (Ginger Xiaomao)