Anadar raises the prices of main products three times in two months. Leading companies raise prices collectively. Titanium dioxide industry welcomes peak season

The titanium dioxide market finally ushered in the counterattack in the second half of the year

Affected by the global epidemic, in the first half of this year, the market demand for titanium dioxide "increased first and then decreased", the price declined, and competition in the domestic market was fierce

On September 7, Ananda (002136.

So far, since the price increase on July 10, 2020, the company has increased the prices of main products three times.

Anada said that it will closely follow the trend of titanium dioxide prices and market changes, and do a good job in price adjustment in a timely manner

The gross profit margin of titanium dioxide increased to 15.

It is understood that the chemical name of titanium dioxide is titanium dioxide (Tio2).

As of the end of 2018, the world's titanium dioxide production capacity was 7.

Tianyancha APP shows that Anada is one of the earliest titanium dioxide manufacturers in China, and its main products are titanium dioxide series products

In 2019, the sales revenue of Anada rutile titanium dioxide accounted for 88.

In the first half of this year, the company's titanium dioxide achieved revenue of 418 million yuan, accounting for 86.

It is worth noting that although the revenue of titanium dioxide has decreased, the gross profit rate still achieved 15.

From a regional perspective, in the first half of this year, Anada achieved domestic sales of 375 million yuan, down 6.

Financial data show that in the first half of this year, Anada achieved operating income of 484 million yuan, a year-on-year decrease of 4.

The market is picking up, leading companies have raised prices

At present, the main application areas of titanium dioxide are coatings, plastics, papermaking, and rubber.

It is reported that the periodicity of the titanium dioxide industry depends on the operating cycle of downstream industries and the country's macroeconomic prosperity

Beginning in the second quarter of this year, the impact of the impact of the epidemic overseas began to manifest.
The sales of overseas titanium dioxide faucets have declined, and domestic exports have also received a certain impact
.

However, thanks to the current epidemic situation under certain control, domestically, downstream demand has begun to gradually recover, and foreign trade exports have basically recovered since the third quarter.
With the recovery of the downstream market, the titanium dioxide market has also begun to pick up
.
At present, the market price of titanium dioxide is rising steadily
.
As of September 11, the domestic ex-factory price of rutile titanium dioxide with tax is 12000-14500 yuan/ton, and the ex-factory price of anatase titanium dioxide with tax is 10500-11800 yuan/ton
.

At the same time, on the same day as Anadar, the international titanium dioxide industry leader Lomon Baili also issued a price adjustment announcement on September 7
.
According to the company, according to the current domestic and international titanium dioxide market conditions, from now on, the sales price of the company's various types of titanium dioxide (including sulfuric acid method titanium dioxide and chloride method titanium dioxide) will be increased by 500 yuan/ton to various domestic customers based on the original price.
, To increase US$100/ton for various international customers
.

Since then, China Nuclear Titanium Dioxide and other titanium dioxide companies have successively issued announcements on price adjustments for their main products
.
The adjustment range of most companies is the same as that of Lomon Baili, which is the first to increase prices
.
Among them, China Nuclear Titanium Dioxide pointed out that the company's price committee decided to fully increase the company's various types of titanium dioxide sales prices on the basis of the existing sales prices of titanium dioxide from now on
.
Among them, the sales price for domestic customers is raised by 500 yuan/ton, and the export price for international customers is raised by US$100/ton
.

According to rough statistics from reporters from the Yangtze River Commercial Daily, more than 20 titanium dioxide manufacturers have issued price increase notices, including Lomon Baili, Anadar, China Nuclear Titanium Dioxide, Haifengxin, Jinpu Titanium, Tianyuan Group and other industries.
Faucet
.

In this regard, Guotai Junan believes that the current titanium dioxide price has seen a third round of significant increases, and continues to be optimistic about the future price increase of titanium dioxide
.
In addition, prices are expected to usher in an upward turning point in the third quarter, and exports may recover or exceed expectations.
Price increases are not only in the third quarter, but are expected to continue until 2021
.
For the export end that was largely affected by the overseas epidemic in the early stage, Guotai Junan believes that its subsequent recovery progress is also expected to exceed expectations, thereby supporting the unexpected increase in product prices
.