At present, the long and short factors in the titanium dioxide market are intertwined, but with the development of short-term supply in some manufacturers, some manufacturers will gradually increase the market price, and the demand for titanium dioxide in the decorative coating market is still very strong. Zhuo Chuang predicts that titanium dioxide in the second half of the year Or will usher in a small wave of gains.
Since the beginning of 2018, the market price of titanium dioxide has remained stable overall. The average market price of rutile titanium dioxide at the beginning of the year was 16,608 yuan / ton. The current average market price is 16,375 yuan / ton, the overall decline, with a decline of 1.4%, the overall change is not large During the period, although many manufacturers issued price adjustment letters to increase product quotations, but the results were minimal, the market is difficult to suppress the decline.
At the beginning of last month, although some manufacturers issued letters to raise the price of products, but the domestic downstream market demand is not good, paint manufacturers are in the unit price, and affected by many aspects of the general work, the purchase volume is limited, the actual negotiation price is still difficult to improve.
At present, the summer heat is approaching the end, and the off-season of the titanium dioxide market will gradually pass, calming down the titanium dioxide market for nearly half a year. The recent market news is frequent, is it possible to usher in a turnaround?
Good
In the recent summer heat, electricity consumption has increased, and some manufacturers have received power-limiting notices to ensure that residents use electricity. Although it has not had a major impact on production, the manufacturers' mentality is good.
Some manufacturers in Shandong, which are affected by the shortage of the previous period, still have no supply, and only supply pre-orders. It is reported that there are still orders from manufacturers in June, and the tight supply situation is expected to be difficult to ease in the short term.
In addition, some downstream paint manufacturers announced that they have raised the price of paints due to the impact of raw materials, which also brings certain expectations for titanium dioxide.
Negative
In the third quarter, the purchasing sentiment of the titanium dioxide market in North America gradually weakened. At present, the tight supply of titanium dioxide in the North American market has gradually eased. Some suppliers still hold more products, and the demand in overseas markets is not optimistic.
Domestically, some traders still have more supply, the shipping price is not high, and some titanium dioxide small factories are driving down the market price.
In summary, the current short-term factors in the titanium dioxide market are intertwined, but with the development of short-term supply in some manufacturers, some manufacturers will gradually increase the market price, and the demand for titanium dioxide in the decorative coatings market is still very strong, Zhuo Chuang predicts that Titanium dioxide in the second half of the year may usher in a small wave of gains.