With the increasing influence of the titanium dioxide market, the traditional dilute season in the domestic titanium dioxide market is even less obvious. In 2018, the titanium dioxide market is more difficult to distinguish, and the spread between the off-season and the peak season is gradually reduced or even upside down. With the gradual increase of market influence factors and the expansion of China's titanium dioxide market to overseas, the dilute season of the titanium dioxide market will be even more inconspicuous.
The number of influencing factors has increased, and the traditional light season is less obvious.
The traditional titanium dioxide market has a low season. In general, the annual season is from June to August and from December to February, and the spring and autumn are the traditional peak season. Before 2015, The traditional dilute season in the titanium dioxide market is still quite obvious. Due to the influence of the international and domestic environment, the traditional dilute season in China's titanium dioxide market has gradually blurred since 2015.
The export share has gradually expanded, and the market's weak season has been affected by international factors.
China is a big exporter of titanium dioxide. The real estate industry in developing countries in China is developing rapidly. The demand for architectural coatings is rising. The demand for titanium dioxide is increasing year by year. However, these countries have limited capacity for titanium dioxide, and the output is insufficient. Most of the titanium dioxide They all rely on imports. China mainly produces sulfuric acid titanium dioxide, which not only has geographical advantages, but also has obvious price advantages. Therefore, China has become a major importer of titanium dioxide in neighboring developing countries, which has solved some of the surplus of titanium dioxide in China. 2. The average price of titanium dioxide has increased compared with previous years.
Affected by the domestic environment, market demand is growing, product prices are rising, and the titanium dioxide market is difficult to distinguish
According to statistics, in 2017, the output of coating enterprises above designated size reached 20.41 million tons, an increase of 7.43% year-on-year. Since 2002, the output of coatings has continued to increase, driving the demand for titanium dioxide to increase significantly. The architectural coating is the largest titanium dioxide. In the downstream market, consumption accounts for more than 60% of the total, and the renovation of new homes has a lag period of more than one year. It belongs to the real estate after-cycle industry. At present, the Chinese real estate market has continued its hot situation for many years. Although it has increased its regulation and control in recent years, it is still very large. The degree has driven the growth of the demand for titanium dioxide.
Influence of environmental factors, market supply and demand changes affect the titanium dioxide season
In recent years, affected by the domestic environmental protection situation, the production cost of titanium dioxide has been continuously increased, and environmental protection expenditure has increased. As a highly polluting industry, titanium dioxide has repeatedly slammed production or limited production, resulting in a decrease in the titanium dioxide market in the off-season and even tight inventory. Leading to the off-season is not light, the price is high. And its main downstream coating industry, is also the representative of high-pollution industry, the downstream production limited production due to environmental factors, resulting in reduced demand for titanium dioxide market peak season, the peak season is not prosperous or even the price falls.
Supply side reform, limited production capacity of sulfuric acid
Affected by the supply side reform, the new capacity of sulfuric acid titanium dioxide is limited. The state encourages the development of chlorinated titanium dioxide. Most enterprises are committed to the development of chlorinated titanium dioxide, but they are affected by technical barriers and funds. The development of the chlorination process is still very slow. In the transition period of the process structure of the titanium dioxide market, the titanium dioxide enterprises are in an awkward situation. The mature technology of sulfuric acid titanium dioxide is affected by various factors such as environmental protection and high pressure, and the production capacity is limited. The development of mature chlorinated titanium dioxide is powerless, which makes the traditional titanium dioxide white season have a certain impact.