As the relevant manufacturers' inventory is generally low and shipments are smooth, the titanium dioxide faucet is expected to raise prices again, and is currently negotiating with downstream customers, ranging from 300 yuan to 500 yuan per ton. On January 6, Sichuan Dragonfly, a titanium dioxide faucet, once raised the price of its products by 300 yuan per ton, a rate of nearly 3%. Thanks to the rebound in real estate sales and better foreign trade, the market demand for titanium dioxide began to increase since the fourth quarter of last year. In addition, environmental governance in recent years has resulted in the phase-out of obsolete production capacity of 300,000 to 400,000 tons, accounting for more than 10% of the total industry capacity. Under the joint promotion of downstream demand and supply-side reforms, the profitability of titanium dioxide is expected to increase further.
This round of titanium dioxide rebound, kicked off by the collective price increase of international giants. Kemu (former DuPont Titanium Dioxide Business Division), Huntsman and other international giants announced that since January 1 this year, their products have risen 5% in price worldwide. On January 6th, the domestic leader Sichuan Longxuan was the first to increase the price by RMB 300/t. Manufacturers in the Southwest, East China, Central China, and South China regions all announced that they had followed up, involving more than 20 manufacturers, ranging from RMB 200 to RMB 500/ton. Which rose more than 300 yuan / ton. Faced with factors such as upstream price hikes and the approaching Spring Festival, the volume of downstream users' stocks and traders’ holdings began to increase, and industry shipments improved.
Judging from the latest developments of manufacturers, the current overall inventory is small, and the output of large manufacturers has been reduced, and the maintenance and repair of some enterprise equipments has not yet been resumed. Some of the major manufacturers have been in order until March, taking into account the further improvement in demand for downstream stocks, the price increase is expected to continue at least until March. At present, the majority of domestic rutile titanium dioxide ex-factory price is 9300 yuan to 11,000 yuan/ton, and the anatase titanium dioxide ex-factory price is from 8300 yuan to 10500 yuan/ton. In addition, according to Baichuan Information, Sichuan Longxi is expected to once again increase the price of 300 yuan to 500 yuan per ton, its foreign trade prices have been raised by 50 US dollars / ton. The current market price is being negotiated and it is expected that the probability will be raised.
In recent years, titanium dioxide has continued to slump and environmental pressure on business has gradually emerged, and some of the backward production capacity has opted out of the market. During the “Thirteenth Five-Year Plan†period, the production of titanium dioxide by the sulfuric acid process will be reduced and replaced. Enterprises that fail to meet environmental protection, energy consumption, and safety production standards and fail to produce qualified products shall be shut down in an orderly manner according to law. At the same time, the promotion of supply-side reforms has accelerated mergers and reorganizations in the industry, and Lililian plans to acquire Sichuan Longxi and become the world’s fourth-largest company. Titanium dioxide and other chemical industries as the key areas of capacity reduction will usher in an opportunity to improve quality and efficiency. According to the opinions on titanium dioxide pollution prevention and control, requirements will be put forward in areas such as clean production, air pollution prevention, water pollution control, solid waste disposal and comprehensive utilization. The chlorination titanium dioxide production process is encouraged, with a single-line annual production capacity of over 30,000 tons, and a titanium-rich material with a titanium dioxide content of not less than 90% as raw material. There are only about 10 domestic enterprises with annual production capacity of 100,000 tons of titanium dioxide, while those with less than 50,000 tons have a combined production capacity of nearly 500,000 tons. If this part of production capacity is eliminated, the total production capacity of the industry will be reduced by about 20%. Supply and demand will be improved.
In terms of the company, ä½°åˆ©è” mainly produces rutile titanium dioxide with a total capacity of nearly 260,000 tons. After the completion of the acquisition of Sichuan Longxi, the cumulative production capacity has increased to 560,000 tons, ranking first in the country, fourth in the world, and possessing strong Domestic product pricing autonomy and industry discourse rights. In addition, the company also has the advantages of the whole industry chain of titanium ore titanium slag-titanium dioxide. Jinpu Titanium has a production capacity of 180,000 tons. At present, it is planned to be no less than 7.54 yuan per share, and will raise a total of 4 billion yuan to finance the chemical supply chain. With a titanium dioxide production capacity of 200,000 tons, the company started the acquisition of more than 200 million yuan of titanium dioxide assets last year, and was terminated due to the failure to reach an agreement on terms such as price and profit commitments.
Car Care Cleaning,Car Routine Maintenance,Auto Maintaning Products,Multi-Purpose Car Maintenance Products
Linyi Yiqun Packaging Products Co., Ltd , https://www.yiqun-china.com