Domestic orders increase, titanium dioxide price firm and stable

Market analysis in the middle of March, the price of titanium dioxide is becoming more and more rigid, and the transaction price of the actual order in the trading market is slightly higher Due to the high cost of raw materials and the inability to meet the supply, some titanium dioxide producers are forced to limit production, which directly leads to the contraction of the supply in the spot market and the increase of the transaction price of the actual order On the one hand, in the face of customers' serious price reduction, on the other hand, the manufacturer's own cost is high, so the actual delivery order is more resistant to low price, and the implementation of the previously announced increase is strong Only because the previous task volume has not been completed, the low price order is in operation, which lowers the current acceptable price bottom line, but this situation is not long, and the supply is not stable With the improvement of the domestic epidemic situation, the terminal is back to work in a large area, and the operating rate is still rising, and the number of domestic trade orders is increasing In addition, nearly 20 manufacturers have announced the increase one after another, and a number of real increases have not been announced The main increase range is about 500 yuan / ton, and the market real price is rising steadily The main reason for the firm implementation of this announcement is that the high price of titanium concentrate as raw material boosts the cost, and the producers of outsourcing mines are indeed entering the "low profit years" Due to the severe situation of the international epidemic situation, the current situation and future impact of titanium dioxide export have attracted much attention At present, China's titanium dioxide export market has not been affected, and there will always be a time difference in cargo transportation Events and orders also lag behind It is expected that after the end of March, the target country with severe epidemic situation may have demand contraction until the end of the epidemic During this period, the production capacity needs to be digested by other countries and domestic markets At the beginning, the manufacturer may reduce the operating rate to adjust the supply With the further excavation of the demand of other countries and strict control of the epidemic situation, the export volume of titanium dioxide will continue to maintain a rapid growth According to statistics provided by the General Administration of customs, China's titanium dioxide exports in 2019 totaled 1.035 million tons, breaking through 1 million tons for the first time, an increase of 10.52% over 2018, Yan reported From the target countries of China's titanium dioxide export in 2019, the countries with relatively heavy new crown epidemic include: South Korea, Iran and Italy ranked third, ninth and 13th respectively, with export volume of 62633435 tons, 26828925 tons and 22411207 tons respectively, a total of 11873567 tons of titanium dioxide, accounting for 11.15% of the total export volume At present, the main quoted prices of most domestic rutile sulfate and anatase titanium dioxide are 14200-16300 yuan / ton and 11800-13000 yuan / ton, and the main quoted prices of domestic and imported rutile chloride titanium dioxide are 18500-21000 yuan / ton and 26000-28000 yuan / ton according to their uses (all above are ex warehouse prices including taxes)