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    Home > Coatings News > Paints and Coatings Market > High season is not strong titanium white powder after the market or rely on export

    High season is not strong titanium white powder after the market or rely on export

    • Last Update: 2019-11-12
    • Source: Internet
    • Author: User
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    titanium dioxide enterprises three-quarter report has been publishedAffected by weak downstream demand, the market price of titanium dioxide is much lower than in the same period last year, there has been a peak season, in addition to a few leading enterprises, the performance of most enterprises in the industry is not satisfactoryAlthough the domestic market is exhausting, but the industry's exports show a reboundFor the after-market, there are industry forecasts, with export support, titanium dioxide market in the fourth quarter is expected to be the overall goodthis year, the titanium dioxide industry's two giants LongyuLi, the nuclear titanium white four times to raise prices, so that its first three quarters of the results to maintain growthAmong them, Longyu Li achieved operating income of RMB8.271 billion in the first three quarters, up 3.08% YoY, and net profit attributable to shareholders of listed companies was RMB2,066 million, up 4.84% YoYIn the first three quarters, China Nuclear Titanium realized operating income of RMB2.559 billion, up 9.65% YoY, and net profit attributable to shareholders of listed companies was RMB329 million, up 4.78% YoYcompared with the two giants, the performance of other listed companies in the industry has mostly declinedAmong them, Kimpu Titanium achieved operating income of RMB1,454 million in the first three quarters, up 0.94% YoY, while net profit attributable to shareholders of listed companies was RMB52.4735 million, down 35.28% YoYAnanda's net profit for the first three quarters was RMB39.46 million, down 40.87 percent from the same period last yearPansteel's net profit for the first three quarters of the year decreased by 30%For the reasons for the change in performance, many companies explained that the product sales price fell year-on-year, gross margin decreased, etcmarket people said that although this year, several rounds of price increases in titanium dioxide, so that with technology, costs and other core competitiveness of leading enterprises to benefit, but overall, the market climate still needs to be further improvedThe person further revealed that after the National Day, the leading enterprises have a strong willingness to price, other manufacturers also have the intention to raise, but the dealer orders situation is not ideal"Especially in autumn and winter environmental protection supervision is tightening, downstream consumers of large paint enterprises a lot of production stoppage, market demand reduced during the peak season, the emergence of high season is not strong or even negative market conditions, so the price of the price pressed the pause button"
    take the domestic market to take the larger volume of sulfate gold-redstone type titanium dioxide, for example, according to the business agency's bulk list data, the average price of titanium dioxide in early May this year was 16666.67 yuan / ton, October 26 was 15833.33 yuan / ton, down 833.34 yuan / ton from the beginning of May, a decrease of 5% At the same time, compared with the price of 16,500 yuan/tonne in the same period in 2018 and 17,000 yuan/tonne in 2017, the overall average price of titanium dioxide is also low this year The industry expects that as the titanium white market gradually enters the off-season, price increases may not be sustainable although the domestic market showed signs of fatigue, but exports have a rebound In August this year, China exported 873,000 tons of titanium dioxide, an increase of 15.39 percent year-on-year, according to Longzhu Information From January to August 2019, exports totalled 657.6 million tons, an increase of 2.95 percent over the same period last year India, which exports the largest amount of titanium dioxide in 2019, followed by South Korea, Brazil, Vietnam and Indonesia
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