Although the development of titanium dioxide market in 2017 is not easy, the upstream and downstream industry chain performance has its own merits and demerits, can be described as 'a few happy a few unhappy.' However, the profits for the titanium dioxide manufacturers is considerable, this year's 'pours' The producers are watching the performance table stealing music.
From the beginning of 2016, the domestic titanium dioxide market has stepped out of the trough and re-entered the ascending channel. On the supply side, under the guidance of the national supply-side reform and the policy guidelines of the 13th Five-Year Plan, the new capacity of titanium dioxide in 2017 will be limited, In order to improve air quality, continuous environmental inspection, the manufacturer repeatedly asked by the local government to limit the production limit, supply is suppressed, the yield growth, it is difficult to meet the domestic and international market demand, the price of titanium dioxide The main activity throughout the year, the overall industry profits increased significantly.
As for demand, since the release of the second child policy last year, domestic real estate demand has risen and real estate sales have maintained a high growth rate. The state's new rural reconstruction program is in full swing and demand for architectural coatings continues to grow. In 2017, the car ownership in China continued to grow, Break 200000000, the terminal industry demand growth driven by continued strong sales of titanium dioxide.
Demand and supply of two-wheel drive, titanium dioxide product prices as a whole to maintain the upward trend, the industry profit is considerable, ushered in a new round of business climate .In this period, 2012-2015 China's titanium dioxide market has experienced a gloomy downturn. Since the beginning of the year, the global titanium dioxide industry has attracted a large amount of fixed investment due to its high profitability. Rapid expansion of its production capacity has led to excess supply and fierce competition. As a result, it has to seize market share through price competition and the price of titanium dioxide has dropped to below RMB10,000. Superimposed macroeconomic weakness and the real estate market regulation and control, some titanium dioxide enterprises forced to shut down due to cost pressures, excess capacity tends to ease.
Titanium dioxide industry, which has been "revived" last year, has maintained its good condition for two years. Will the industry continue its future? How long will it last? In the short term, due to the overseas Christmas in December, the New Year is approaching, foreign customers are busy with holidays, and foreign trade Order will be reduced.Chinese New Year in January, February Chinese Spring Festival holiday impact, the market operation will be light.Coupled with lower temperatures, this is the downstream paint demand off-season, the next three months is expected to be the winter season of titanium dioxide, the market to discuss Focus short cycle down.
In the long run, under the guidance of supply-side reform and the guidance of the 13th Five-Year Plan, the next three years will be the key period for the development of titanium dioxide in China. According to statistics, there will be 530,000 tons of chlorinated process capacity put into operation in 2018, When all are put into production, the chlorination titanium dioxide in our country will develop rapidly and the international market competitiveness is expected to be further enhanced. The domestic economic environment is still grim, the environmental inspection will not be relaxed and the upstream and downstream supply and demand sides will tighten, and the titanium dioxide market is still expected to have a tough battle In terms of price trend, environmental factors will affect the actual load of titanium dioxide construction or hard to upgrade. The expected price of raw and auxiliary materials will be tight and the cost will be supported. It is estimated that the overall trend of price of titanium dioxide will fluctuate upward mainly.
At present, the phenomenon of homogenization of domestic titanium dioxide still exists, in addition to the technology more difficult to break through the chlorination of titanium dioxide, the development of special titanium dioxide is also a good way out. Manufacturers should be based on different downstream user applications to develop different types of Titanium dioxide, such as plastic, chemical grade, food grade, electronic grade, nano-scale, denitrification titanium dioxide, etc. For example, Shanghai Peng Bo electronic grade titanium dioxide in one fell swoop Japan's Ishihara company to break the capacitive high-grade titanium dioxide market in mainland China Long-term monopoly, the market offer 22,000 yuan / ton, the price is much higher than ordinary gold-red titanium dioxide, and the only one in China. Jiangsu Pan-hua Chemical Technology Co., Ltd. company's proprietary patented product 'Near Infrared Reflective Titanium Dioxide IR- 1000 'Produced by Shandong Dongjia Group, the current market offer up to 65,000 yuan / ton, IR-1000 as an excellent performance of the infrared reflective material, has a broad green low-carbon application prospects, can develop a variety of energy saving Characteristics of the coatings and plastic products.It can be seen in China's titanium dioxide industry should be guided by the supply-side reform guidelines to downstream users demand-oriented students High-quality products and improve their competitiveness.