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Last week (9.19-9.23) domestic rutile titanium dioxide market rose steadily, still continues the "normal" characteristics, rising day by day but not concentrated, 9.19 Jiangsu Town announced the company's rutile titanium dioxide raised 500 yuan / Ton, September 22, Luohe Xingmao chlorination rutile titanium dioxide announced increased 500 yuan / ton. There are also rumors that China Nuclear Titanium also announced price increases. Under the current “normal†situation, the demand side is dull, and the enthusiasm of downstream users is not high. However, most manufacturers have low stocks, tight spots on the venue, and low prices for sellers are reluctant to sell.
Although titanium dioxide is the norm in the background of rising prices, but the price increase is not general, product point of view, the current high-grade rutile titanium dioxide is close to 14,000 yuan / ton, and domestic chlorination products for 15,000 yuan / ton (including Around the tax, the spread narrowed gradually and the pressure on the sulfuric acid process gradually increased. From the perspective of enterprises, the domestic titanium dioxide market is markedly polarized and the inventory of manufacturers with good exports and good brand effects is low. The first-tier and second-tier companies are still looking for growth. The three-and-four-tier brands that are not so much in volume rely mainly on domestic trade. Demand to take away goods and stocks sentiment gradually disappeared, the gap between the two prices even more rapid sales of early-stage companies "slow down", one thing is certain, the future market will usher in pressure, but also for some companies are dual.
In the case of the industry chain, the price of titanium ore in the Panxi region remained stable last week. Due to the weather, shipments of miners declined slightly this week. Titanium concentrate prices rose into the finishing period, the market operating rate has increased, the price market also has a polarization trend, the price of small-scale miners is lower, and the prices of large-scale miners are stable and relatively strong. The price of imported titanium ore is firm. In the short term, the price of titanium concentrates in the Panxi region will remain stable. At present, the price of Ti-38 or more in the Panxi area is around 530 yuan/ton (excluding tax), the price of 46 grade 10 titanium concentrate is between 790 and 850 yuan/ton (excluding tax), and the 47 grade titanium concentrate price In the 870-940 yuan / ton (excluding tax) room. Taken together, the cost of titanium dioxide support surface stability.
Last week, another news was that Li Lilian had a new step in the acquisition of Long Hao. He Lilian issued an announcement on September 19 to issue additional shares. The issuance of 7 non-public issuances of 7 shares amounted to 1,321,653,539 shares and the nominal value of shares was 7.62 yuan. /share. As a benchmarking incident, this is not only related to the two companies, but also relates to the future direction of the entire industry. Success in mergers and acquisitions is a matter of certainty, and the route for integration in the future is increasingly clear. In the long run, the market will become more and more healthy under the drive of policy.
After the tenth round of price increase in the previous session, the market’s focus of negotiations has continued to rise. The recent export atmosphere is good. The latest data show that in August 2016, the export of titanium dioxide in China was 65,419.682 tons, an increase of 70.25% year-on-year, an increase of 2.91% from the previous month, and the average export price was about 1,738.36 USD per ton, of which the top three export countries were India, The United States and South Korea; the top three regions for export are Sichuan, Shandong, and Jiangsu. From January to August 2016, the total titanium dioxide export volume reached 477,496.35 tons, an increase of 33.7% year-on-year.
At present, the mainstream of domestic sulfuric acid rutile type titanium dioxide is discussed at 13500-13800 yuan/ton. Chlorination rutile titanium dioxide to negotiate the narrow focus of negotiations, to discuss the price in the 13800-14200 yuan / ton. Manufacturers' equipments started normally, but the spot price was still tight, and the market was pulling up and sentiment was heating up. It is expected that the short-term market talks will focus on maintaining stability and the latter market may have upward momentum.
Titanium dioxide "honeymoon period" will continue to go well for a long time
In the recent period of time, the attention of titanium dioxide has been very high in the chemical industry. As an important raw material in industrial production, whether it is paint, plastics, food, cosmetics can see his presence. Titanium dioxide has a strong self-worth, and this year, the market performance is eye-catching, prices have been rising all the way, and in recent days, price increases have become “normalâ€.