Titanium dioxide market rose six consecutively

After three days of the "up and up" model, the sixth wave of titanium dioxide prices finally settled, and 14 companies, including the titanium dioxide leader Sichuan Longjing, announced price increases, with an average price increase of 500 yuan. About tons.


It can be said that this tide of price increases has already released “wind”. Early this month, there was news that there will be a wave of collective price increases in the middle of the month. Unexpected price increases are created by irresistible trends.

In 2016, the domestic titanium dioxide market has formed an upward channel. The first five increases have stabilized the price of titanium dioxide more than ten thousand. Moreover, companies have increased the rate of increase again and again, and the price increase has been over 500. With the trend in mind, titanium dioxide companies can also take a real step up.

The trend is inseparable from the market. First, the domestic economy has stabilized, especially in real estate sales. From January to April, investment in real estate development nationwide increased by 7.2% year-on-year, hitting a new high of a year, and sales of commercial housing increased by 55.9% year-on-year, while the latest data show that In the 70 large and medium-sized cities in April, the price of 65 cities rose month-on-month, and the highest increase was 5.8% in the ring price change. Compared with the same month of last year, there were 23 cities with 70 cities falling in price, 46 cities with rising cities, and 1 city with flat cities. In April, the highest price increase was 63.4%, and the lowest was a decrease of 3.2%. The rebound in real estate sales boosted demand in the paint market and demand for titanium dioxide increased.

The other is the export market. In 2016, the export situation of China's titanium dioxide industry showed a gradual improvement. In the first quarter, the overall domestic export volume was 157,700 tons, a year-on-year increase of 11.99% and 15.04%. From each month, exports in January, February and March were up 8.00%, 6.24% and 30.15% respectively year-on-year. The export market became another position for titanium dioxide. This position also supplemented the weak domestic demand and boosted the confidence of the market.

Although the market is optimistic, will there be any resistance? Perhaps the biggest point of resistance is the actual problems faced by the titanium dioxide industry itself. Upstream price increases, but can the downstream accept it? It is understood that traders are not optimistic about price adjustments. After experiencing a downturn in 2015, it is still unclear whether titanium dioxide is worthwhile. However, since 2016, six consecutive cards have suddenly appeared to downstream users, and traders tend to be for downstream customers. Sacrificing some profit. On the other hand, the downstream demand of the terminal needs to be limited, while the actual demand growth is still limited.

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