Titanium dioxide in 2016 can not be separated from the price increase, fast in July, titanium dioxide is not the price increase? Even if you do not raise the price, should you start off? On Friday, Japan’s Ishihara announced that since July 1, 2016, the price of titanium dioxide (titanium dioxide) sold in the Asia Pacific region has been raised by US$150/tonne. This is the second increase in price of titanium dioxide in the Asia Pacific region since April 1, 2016. The domestic price hike has ended and the external market has come back.
Those who are not optimistic about the export of titanium dioxide continue to “hit the face.†According to statistics provided by the General Administration of Customs, in May 2016, the export of titanium dioxide in China was 71,231.552 tons, an increase of 50.68% year-on-year, an increase of 27.96%, and the average export price was about USD 1541.1. / Tons, of which the top three export countries are India, the United States, and South Korea. From January to May of 2016, the total export of titanium dioxide was 284,623.731 tons, a year-on-year increase of 24.85%. Among them, Sichuan Longjing exports of 16,200 tons still ranks first, its export price from January to May were 1,450.79 US dollars / ton, 1464.45 US dollars / ton, 1472.06 US dollars / ton, 1491.05 US dollars / ton and 1526.85 US dollars / ton. Sichuan Long Yao has a huge advantage. Its cost and size are beyond the reach of other companies. At home, it is a Big Mac, and as an example, it has also driven the export enthusiasm of domestic titanium dioxide enterprises.
In the industrial chain, the market price of titanium ore is generally stable. At present, the mainstream price of 46% titanium concentrate is around RMB 680-700/tonne. The increase in production costs leads to the weak profit of concentrate manufacturers. As a result, local middlemen currently have a small operating space. Orders gradually decreased, and actual transactions were mostly based on manufacturers. The sulphuric acid market has been consolidating at a low level, and the local market has been steadily declining. The transaction activity is weak. Among them, the performances of the acid markets in Shandong and Jiangsu were particularly noticeable. The factories in Shandong had normal operations and the supply of goods in the market was sufficient. The local 98% of smelting acid sales were priced at 80-150 yuan/ton, and 98% of sulfuric acid prices were at 220-260 yuan/ton. about. The low level in Jiangsu Province, chemical use of acid affected by environmental protection significantly, the company rhythm of shipments, 98% of sulfuric acid transactions were mostly concentrated in the 130-230 yuan / ton.
The domestic titanium dioxide market is relatively stable, and there is a “boot†in the capital market. On June 23, Li Lilian announced that the company’s acquisition of Sichuan Longsheng was approved by the China Securities Regulatory Commission, which means that Lili’s acquisition of 10 billion won The basic dust of the scheduled increase project in Sichuan Longxi was settled. Yanli Lian and Sichuan Longxi are jointly cooperating and the combined production capacity of the two companies will reach 560,000 tons, accounting for 18% of the total domestic production capacity. If the acquisition is completed, the new Fortune Alliance will surpass Cornox as the second largest DuPont, Huntsman, and Koster's fourth-largest manufacturer of titanium dioxide in the world, the Big Mac is about to set sail. Shen Li-li, the secretary-general of Li Lilian, even stated that there is no pressure on the company's inventory at the moment. After the year, the inventory will be maintained at about 20,000 tons, which is about one month's output. Compared with the industry average of two months, there has been a substantial decline. The current market demand for titanium dioxide is too strong, can not do it, and sometimes have to stop orders.†Titanium dioxide industry, the two giants successfully integrated, is optimistic about the market long-term prosperity symbol.
International titanium dioxide giants choose to raise prices, the short-term market is positive, the long-term development step by step, the market temperature of titanium dioxide remains unabated, the market may continue to rise.
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