Increased production costs and many titanium dioxide companies announced price increases

Global Coatings Network News:

It is understood that the mainstream ex-factory price of rutile titanium dioxide maintains 17,000 yuan/ton; the mainstream ex-factory price of anatase titanium dioxide maintains 14,000 yuan/ton.

The performance of some companies is relatively stable.
Lomon Baili expects to achieve a net profit of 1.
729 billion yuan to 2.
305 billion yuan from January to September, with a year-on-year growth ceiling of 20%.
Mainly due to the stable cost and sales price of the leading product titanium dioxide, the production and sales volume increased slightly compared with the same period last year.

It is worth noting that Lomon Baili's intention to continue to expand production capacity is obvious.
In the first half of 2018, after the company terminated the non-public issuance of shares to acquire Anning Iron Titanium, it immediately announced that it planned to issue convertible bonds to raise funds not exceeding 1.
854 billion yuan for the 200,000/ton chlorination titanium dioxide production line project and supplementary working capital.
.
The research report of Centaline Securities shows that at present, the company's production capacity of 60,000 tons of chlorinated titanium dioxide has gradually stabilized, and the second phase of the 200,000 tons of chlorination project has started construction and is expected to be put into operation in 2019.

Yan Yu said that at present, the anatase titanium dioxide is about 14,000 yuan/ton; the mainstream ex-factory price of rutile titanium dioxide is about 17,000 yuan/ton; the chloride method titanium dioxide exceeds 20,000 yuan/ton.
Compared with other types of titanium dioxide, the price of chlorinated titanium dioxide is higher, and the gross profit margin is also higher.
Leading companies through the expansion of the chloride production line of titanium dioxide, the gradual replacement of production capacity, industry concentration will also be further improved.