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    Home > Coatings News > Paints and Coatings Market > Demand in the off-season continued the price of titanium dioxide to a new low.

    Demand in the off-season continued the price of titanium dioxide to a new low.

    • Last Update: 2020-09-22
    • Source: Internet
    • Author: User
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    China Paint Network
    News: August domestic
    tomet white powder
    market price into the floor level, due to the continued downturn in demand environment, titanium dioxide manufacturers inventory pressure highlighted, the market presents a loss-fighting share of the price war, especially leading enterprises will be out of the price to 10,500 yuan to 10,800 yuan / ton, forcing other manufacturers to continue to reduce prices to follow up, low-end transactions to 10,000 yuan / ton out. Although it is now the "Golden Nine" season, but due to this year's special industry environment, market participants are still generally not optimistic about the September market, and in the context of the price war, Sichuan leading enterprises still have the possibility of continuing to reduce prices. As of the end of August, the actual transaction price of goldstone-type titanium dioxide decreased by about 600 yuan / ton from the beginning of the month, cash redstone-type titanium dioxide mainstream factory price in 10200 yuan to 11300 yuan / ton (acceptance including tax).
    analyst, said in an interview with reporters that in August, the domestic sharp titanium-type titanium dioxide shock down, the demand within the month flat. At the same time, due to the price of redstone-type titanium dioxide continued to fall, the difference between the two reasons forced the sharp titanium-type titanium white powder passively fell. The actual supply and demand side of the market relative to the goldstone-type titanium dioxide inventory pressure is not great, but because the current price has not yet reached the annual low, so some industry insiders believe that the sharp titanium-type titanium white powder still has room for further decline and adjustment. Data show that as of the end of July, the domestic sharp titanium-type titanium dioxide mainstream factory bearing tax acceptance reference price in 8900 yuan to 9600 yuan / ton, the monthly month-on-month decline of 200 yuan to 500 yuan / ton.
    For the late titanium white powder price trend, side Jianwei said that the current market positive and short factors, due to the domestic titanium white powder industry operating rate decline, inventory pressure level will not continue to rise. According to monitoring, in August, the national titanium dioxide industry operating rate of 58.87 percent, down 3.58 percent month-on-month from July, because titanium dioxide production enterprises inventory may be controlled at a relatively reasonable level.
    September for the downstream
    coatings
    , plastics and other industries traditional peak season, titanium dioxide demand there is a small recovery in expectations, which is good for the industry.
    , due to the weak demand environment in the industry, this year's macroeconomic data performance is not good, in such an environment, "Golden Nine" or difficult to appear. Mainstream leading enterprises have the intention to continue to reduce prices, on the one hand to maintain market share to reduce inventory, on the other hand, there is the intention to suppress other manufacturers to start work at low prices. Titanium white powder industry is facing financial pressure, low-cost amount of return intention is strong. The global titanium dioxide industry also continued to weaken, with China's exports of titanium dioxide weaker than in the same period last year.
    Jianwei said that the average price of gold-redstone titanium dioxide powder in September is expected to be around 10121 yuan / ton, compared with August will continue to decline. In September, there is the possibility that the "Golden Nine" is expected to fall, titanium dioxide market prices are difficult to take the opportunity to rebound, domestic titanium dioxide prices still have room to continue to fall bottom.
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