1、 Market analysis
In the middle of the "silver ten" peak season, the Titanium Dioxide price market has once again set off a price rise tide. At present, more than 10 manufacturers, including Lomon Billions group, haifengxin,Taihai , Hengtong, Yibin Tianyuan and CNNC titanium dioxide, have successively announced a rise, with a range of 700-1000 yuan / ton. The main reason is that the inventory of the goods holders is small, the orders are relatively large, the high level of the manufacturers continues to rise, and the downstream is more resistant to the high price, forming a confrontation in the price market again. With the current strong position of the manufacturer, it still maintains the previous rhythm, that is, it only adjusts the price according to its own production and inventory. As previously expected, the bullish price in October has been determined. Due to shortage, the price of anatase continues to be high and firm. At present, the price difference between anatase and rutile is between 500-1000 yuan / ton.
Due to the favorable stimulation of the price market, the inquiry volume in the terminal market has increased slightly, and the landing volume and price of the actual order are lower than expected. However, titanium dioxide at the low end of the price range is relatively easy to sell, and users are also adapting to the product by adjusting the formula. Due to the continuous high and continuous rise of titanium dioxide, some end users have strong price comparison and bargaining emotions, but also due to the high cost, and the amount of titanium dioxide is controlled. It can be seen from the above situation that end users are also adjusting strategies to adapt to the current titanium dioxide market, and high-priced titanium dioxide is gradually digested.
Power rationing. South China, East China, Southwest China, central China and Northeast China still have a great impact. The operating rate of manufacturers has declined, the output has shrunk, the inventory position is low, and the supply is good. Therefore, it has become the main confidence support point of this wave of price rise. Although the synchronous linkage of the downstream market is affected, including the limited export of some end products, it is also a serious test for the downstream market. Therefore, for titanium dioxide with continuous price increases, end customers still have a certain degree of resistance. It has become normal to determine production by sales, production and multi-party inquiry.
At present, the mainstream prices of most domestic rutile and anatase titanium dioxide by sulfuric ACID process are 19800-21500 yuan / ton and 18500-19500 yuan / ton, and the mainstream prices of domestic and imported rutile titanium dioxide by chlorination process are 22500-24000 yuan / ton and 29000-31000 yuan / ton according to their uses (all the above are cash ex warehouse prices including tax).
2、 Future forecast
This week, the domestic titanium dioxide price market remained strong and continued to rise. Yang Xun, an analyst in the titanium industry, believes that it has become a fact that the price continued to rise in the "silver ten" in the peak season. The price increase letters issued by manufacturers in the past two months are not so centralized, and scattered ones make careful decisions according to their actual orders. Both domestic and foreign trade markets are in the process of digesting prices, and the supply side is still in a relatively strong position. According to the current production, order receiving and inventory situation, it may still operate at a high level, but the resistance of the terminal market makes people feel that "don't put the price rise on one time". In the short term, the titanium dioxide price market is in the stage of slow-paced promotion and rising. The market in the fourth quarter started with a positive start, or the terminal transaction price of rutile titanium dioxide by sulfuric acid method may be maintained at more than 20000 yuan / ton. The supply side may continue to have a strong position, and the actual price is discussed in the form of order, quantity and payment.
