After experiencing the low and rebounding prices of titanium dioxide, we have ushered in a new round of “upsâ€. On February 21, Lili Lian (002601, SZ) and Jinpu Titanium Industry Co., Ltd. have successively announced to increase the price of titanium dioxide. Not only the listed companies, but also titanium dioxide manufacturers such as Yumen Jingyang, Anhui Chaocai and Dongfang Titanium also raised the price of titanium dioxide.
Li Lilian related sources told reporters that the imbalance between supply and demand, environmental pressure, exports continued to improve and so on, the price trend of titanium dioxide will not change.
According to data provided by Zhuochuang Information, the price of titanium dioxide on February 16 rose from 14,913 yuan/ton at the beginning of the year to 16,940 yuan/ton, and rose by more than 2,000 yuan per ton, or nearly 13.6%.
According to a research report, it is expected that the titanium dioxide market will maintain the seller's market for the whole year of 2017, and the price of titanium dioxide is expected to exceed 20,000 yuan/ton. Li Lilian related sources said that the increase in the price of titanium dioxide will also affect downstream industrial products, for example, may lead to rising coating costs. Ananda related sources also told reporters that titanium dioxide prices have a certain influence on the paint industry.
In addition, there are research reports that the titanium dioxide industry will form a similar pattern of foreign oligopoly in the future. Li Lilian also believes that industry consolidation is also a trend in the future.
Several companies join the "price increase" tide
On February 21, Ji Lilian announced that the sales price of various types of titanium dioxide (including sulphate titanium dioxide and chlorination titanium dioxide) of the company was raised by RMB 700/ton for various domestic customers on the basis of the original price. Class customers increase by US$100/tonne.
It is also announced that Jinpu Titanium has announced the price increase of titanium dioxide on the same day. On the afternoon of the 21st, Jinpu Titanium Industry announced that the sales price of the company's anatase titanium dioxide was raised by RMB 500/ton for various domestic customers on the basis of original price, and increased by US$80/ton for various international customers; sales of rutile titanium dioxide The price was raised by RMB 700/ton for various domestic customers on the basis of the original price, and increased by US$100/ton for various international customers.
The reason why the two companies of Jinli Titanium of Lililian attributed price increases was attributed to factors such as the recent rapid increase in the prices of raw and auxiliary materials and rising logistics costs. In addition, both companies mentioned that they will closely follow the trend of raw material prices and changes in supply and demand, and timely adjust the price of titanium dioxide products, saying that the adjustment of the price of this product will have a positive impact on the overall performance of the company.
Not only listed companies, other titanium dioxide manufacturers also joined the tide of "price increases." According to business news, Yumen Jingyang announced that since the 20th of February, anatase titanium dioxide has been increased by 1,000 yuan/ton; Anhui Chaocai announced that since February 21, anatase titanium dioxide has been raised by 500 yuan/ton. Eastern titanium rutile titanium dioxide since February 21 domestic raised 700 yuan / ton, the international increase of 100 US dollars / ton.
The current situation is that the price of titanium dioxide in 2016 will continue to rise. According to the “Daily Economic News†reporter’s inquiry of the company’s announcement, in 2016, four A-share listed companies, mainly titanium dioxide, such as Lililian, Ananda, China Nuclear Titanium, and Jinpu Titanium have repeatedly raised prices.
In 2017, the price of titanium dioxide will continue to rise. On January 5, Lili Lien announced that the company's sales of various types of titanium dioxide (including sulfuric acid titanium dioxide, titanium dioxide chloride) sales prices. On January 10, Annada also announced that it will increase the selling price of its main products from January 7, 2017.
Regarding the recent price increase plan, Ananda related sources told the Daily Economic News reporter that he was still watching. The phone in the nuclear titanium dioxide has not been connected.
Industry said rising trend will not change
According to a research report, the titanium dioxide industry attracted a large number of high-yield manufacturers before 2010 and the production capacity was disorderly. After the new production capacity was released in 12 to 15 years, the price of titanium dioxide plummeted and the industry continued to decline. In the past two years, the government has continued to strengthen supply-side reforms and environmental protection. In this round of adjustments, the domestic withdrawal of production capacity is close to 360,000 tons.
According to the above-mentioned stakeholders, the price of titanium dioxide will continue to improve after the trough of 2015, but the high point still cannot be judged.
In terms of market conditions, relevant persons from Annada told the “Daily Economic News†reporter that the market for titanium dioxide in the first half of 2017 may be good, but it is not easy to say in the second half of the year; but he also stressed that a good market does not mean that prices will rise.
Li Lilian related sources told reporters that the imbalance between supply and demand, environmental pressure, exports continued to improve and so on, the price trend of titanium dioxide will not change. When it comes to specific rising time nodes, it means “not very goodâ€. As for the impact of titanium dioxide prices on the performance of Silicon Valley, it said that its performance in 2017 may be better than that in 2016.
According to the above-mentioned stakeholders, the downstream industries of titanium dioxide are related to coatings, paper, inks, and plastics. The increase in the price of titanium dioxide will also affect downstream industrial products. Due to the greater use of paints, higher titanium dioxide prices may lead to higher coating costs.
Ananda related parties also believe that the price of titanium dioxide has a certain impact on the paint industry, but the price is still not clear. Titanium dioxide price or not depends on the market's ability to digest and absorb, all must be based on market demand.
Talking about the future market, the above mentioned stakeholders believe that under the background of increasing pressure from environmental protection, some small manufacturers may have higher operating costs and may be under pressure, but they will have a competitive advantage for large manufacturers. At the same time, industry consolidation is also a future trend.
Li Lilian related sources told reporters that the imbalance between supply and demand, environmental pressure, exports continued to improve and so on, the price trend of titanium dioxide will not change.
According to data provided by Zhuochuang Information, the price of titanium dioxide on February 16 rose from 14,913 yuan/ton at the beginning of the year to 16,940 yuan/ton, and rose by more than 2,000 yuan per ton, or nearly 13.6%.
According to a research report, it is expected that the titanium dioxide market will maintain the seller's market for the whole year of 2017, and the price of titanium dioxide is expected to exceed 20,000 yuan/ton. Li Lilian related sources said that the increase in the price of titanium dioxide will also affect downstream industrial products, for example, may lead to rising coating costs. Ananda related sources also told reporters that titanium dioxide prices have a certain influence on the paint industry.
In addition, there are research reports that the titanium dioxide industry will form a similar pattern of foreign oligopoly in the future. Li Lilian also believes that industry consolidation is also a trend in the future.
Several companies join the "price increase" tide
On February 21, Ji Lilian announced that the sales price of various types of titanium dioxide (including sulphate titanium dioxide and chlorination titanium dioxide) of the company was raised by RMB 700/ton for various domestic customers on the basis of the original price. Class customers increase by US$100/tonne.
It is also announced that Jinpu Titanium has announced the price increase of titanium dioxide on the same day. On the afternoon of the 21st, Jinpu Titanium Industry announced that the sales price of the company's anatase titanium dioxide was raised by RMB 500/ton for various domestic customers on the basis of original price, and increased by US$80/ton for various international customers; sales of rutile titanium dioxide The price was raised by RMB 700/ton for various domestic customers on the basis of the original price, and increased by US$100/ton for various international customers.
The reason why the two companies of Jinli Titanium of Lililian attributed price increases was attributed to factors such as the recent rapid increase in the prices of raw and auxiliary materials and rising logistics costs. In addition, both companies mentioned that they will closely follow the trend of raw material prices and changes in supply and demand, and timely adjust the price of titanium dioxide products, saying that the adjustment of the price of this product will have a positive impact on the overall performance of the company.
Not only listed companies, other titanium dioxide manufacturers also joined the tide of "price increases." According to business news, Yumen Jingyang announced that since the 20th of February, anatase titanium dioxide has been increased by 1,000 yuan/ton; Anhui Chaocai announced that since February 21, anatase titanium dioxide has been raised by 500 yuan/ton. Eastern titanium rutile titanium dioxide since February 21 domestic raised 700 yuan / ton, the international increase of 100 US dollars / ton.
The current situation is that the price of titanium dioxide in 2016 will continue to rise. According to the “Daily Economic News†reporter’s inquiry of the company’s announcement, in 2016, four A-share listed companies, mainly titanium dioxide, such as Lililian, Ananda, China Nuclear Titanium, and Jinpu Titanium have repeatedly raised prices.
In 2017, the price of titanium dioxide will continue to rise. On January 5, Lili Lien announced that the company's sales of various types of titanium dioxide (including sulfuric acid titanium dioxide, titanium dioxide chloride) sales prices. On January 10, Annada also announced that it will increase the selling price of its main products from January 7, 2017.
Regarding the recent price increase plan, Ananda related sources told the Daily Economic News reporter that he was still watching. The phone in the nuclear titanium dioxide has not been connected.
Industry said rising trend will not change
According to a research report, the titanium dioxide industry attracted a large number of high-yield manufacturers before 2010 and the production capacity was disorderly. After the new production capacity was released in 12 to 15 years, the price of titanium dioxide plummeted and the industry continued to decline. In the past two years, the government has continued to strengthen supply-side reforms and environmental protection. In this round of adjustments, the domestic withdrawal of production capacity is close to 360,000 tons.
According to the above-mentioned stakeholders, the price of titanium dioxide will continue to improve after the trough of 2015, but the high point still cannot be judged.
In terms of market conditions, relevant persons from Annada told the “Daily Economic News†reporter that the market for titanium dioxide in the first half of 2017 may be good, but it is not easy to say in the second half of the year; but he also stressed that a good market does not mean that prices will rise.
Li Lilian related sources told reporters that the imbalance between supply and demand, environmental pressure, exports continued to improve and so on, the price trend of titanium dioxide will not change. When it comes to specific rising time nodes, it means “not very goodâ€. As for the impact of titanium dioxide prices on the performance of Silicon Valley, it said that its performance in 2017 may be better than that in 2016.
According to the above-mentioned stakeholders, the downstream industries of titanium dioxide are related to coatings, paper, inks, and plastics. The increase in the price of titanium dioxide will also affect downstream industrial products. Due to the greater use of paints, higher titanium dioxide prices may lead to higher coating costs.
Ananda related parties also believe that the price of titanium dioxide has a certain impact on the paint industry, but the price is still not clear. Titanium dioxide price or not depends on the market's ability to digest and absorb, all must be based on market demand.
Talking about the future market, the above mentioned stakeholders believe that under the background of increasing pressure from environmental protection, some small manufacturers may have higher operating costs and may be under pressure, but they will have a competitive advantage for large manufacturers. At the same time, industry consolidation is also a future trend.
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