With the approaching Spring Festival, most production-oriented enterprises have stopped their work, the demand for raw materials has gradually weakened, and the corresponding prices should stabilize or enter the downward trend.
However, into February, in addition to the BASF force majeure led to a wave of price increases, the price surge of titanium dioxide enterprises have not stagnant, but more concentrated.In February, the market price of titanium dioxide ushered in a wave of promotion price adjustment letter, nearly 20 500-1000 yuan manufacturers / ton increase.
Jiangsu Titanium Chemical rutile titanium dioxide domestic sales price increase 700 yuan / ton, foreign sales price increase 100 US dollars / ton.
Kunming Donghao titanium rutile titanium dioxide raised 600 yuan / ton, the export price based on the original price increase 150 US dollars / ton.
Interchange Titanium rutile products and anatase series products raised 600 yuan / ton.
Before February, the domestic and international titanium dioxide giants have successively raised the selling price. On December 1, 2017, international titanium dioxide giants Como and Tenova announced that they will increase the selling price of most titanium dioxide products starting from January 1, 2018 Only one day later, Long Python also announced a price increase.
There are four main reasons for the price hike two years ago:
1, environmental pressure, the limited capacity of manufacturers, combined with some manufacturers into the annual overhaul, some have been ahead of schedule to leave the stock market to reduce;
2. Domestic demand is now in the off-season, but strong demand abroad. In December 2017, the export volume of titanium dioxide hit an all-time high of 8.8145286 million tons. In 2017, the annual export volume reached an unprecedented 83.0916895 million tons. The stable output of foreign trade has become Domestic manufacturers and traders important take the goods point;
3, before the Spring Festival holiday, the channel and the terminal store / stock make the manufacturer's stock has been transferred, the manufacturer's stock is not much, most of the stock plan according to their own pricing;
4, the cost of titanium ore boost, titanium concentrate prices firm to 1300 yuan / ton (excluding tax), with the industry chain boost titanium dioxide market, mutual benefits.
Near the Spring Festival, a wave of manufacturers rallied, some manufacturers more based on their stock price adjustment, and the price adjustment from the rhythm of the point of view seems a bit early, and it is easily interrupted by the Spring Festival holiday, it does not rule out the leading company price adjustment Festival After landing, we can see that for the post-holiday titanium dioxide industry, the industry generally agreed that the industry boom is expected to continue.