November 19, the national titanium dioxide industry annual meeting held in Chongqing, more than 200 representatives from all over the country attended the meeting.
At the meeting, China's titanium dioxide industry this year completely out of the trough since 2013, product prices and production are handed down in recent years, a new high since 2016, China's titanium dioxide prices bottomed out from the lowest 9000 Yuan / ton up to this year's highest 18,000 yuan / ton so far this year, the average annual price of titanium dioxide in 15000-16000 yuan / ton, corporate profits generally in good shape by the good economy, some individual production in previous years discontinued Businesses also resume or plan to resume production.
From the perspective of output, although production capacity can not be fully released in some areas of our country due to environmental protection factors in this year, the annual output is expected to maintain a growth trend over the previous year due to the sustained high product prices and the high enthusiasm of manufacturers. It is estimated that in 2017 China's output of titanium dioxide will reach about 2.7 million tons, setting a new high output of titanium dioxide in China, while the continued growth of exports this year is an important factor in maintaining a good market situation last year, China's titanium dioxide exports accounted for 28% of the national total, is expected this year This proportion will increase to about 30% .The active export market to reduce the pressure on the domestic market, maintaining the high price of titanium dioxide operation.
Into November, the performance of titanium dioxide market weakened, mainly in the domestic demand gradually weakening in the supply side, into the heating season, some titanium dioxide enterprises in China will face limited production, the market supply will appear to reduce the current situation , Industry experts believe that the future price of titanium dioxide in China neither have the conditions for a rise, there is no possibility of a big fall, the recent market price will be mainly small adjustments.