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Reasons for 7 consecutive price increases of titanium dioxide

 Last Update: 2021-07-24
 Source: Internet
 Author: User

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Global Coatings Network News:

After the Dragon Boat Festival, under the leadership of leading companies, the coating chemical market ushered in another price increase of titanium dioxide.

Titanium dioxide price increases 7 times in a row

The price of titanium dioxide has soared

Strong export, tight spot, domestic giants jointly raise prices

2010-2016 China's average unit price of titanium dioxide imports and exports (Source: China Business Intelligence Network)

Real estate sales area rebounded and demand for titanium dioxide increased

Implement "supply-side reform" to improve the quality and quantity of titanium dioxide industry

According to statistics, my country's titanium dioxide production capacity has exceeded 3.
5 million tons in 2015, while the apparent consumption is only more than 2 million tons, and nearly 1 million tons belong to excess capacity.
In the past few years, the titanium dioxide market has been in a downturn.
Faced with the high demands of consumers for products, people in the industry realized that simply “fighting down” and “struggling volume” could no longer meet the needs of the market.
Titanium dioxide companies must Grab the market through transformation and upgrading.

There is no doubt that if titanium dioxide companies want to transform and upgrade, the first thing to do is to improve quality and quantity, and establish new industry standards.
The reintegration of the industry requires financial support and maintenance, such as capital investment in equipment and talents.

Furthermore, with the continuous enhancement of people's environmental protection awareness and the mandatory implementation of national environmental protection policies, it has become an inevitable problem for titanium dioxide companies to increase environmental protection investment.

Various factors have forced titanium dioxide companies to gradually move towards a high-quality, green and environmentally-friendly and healthy path, and a large amount of capital investment has forced titanium dioxide companies to appropriately raise prices to avoid losses in the industry.

All in all, the continuity of the price increase in the titanium dioxide market is caused by multiple benefits.
On the one hand, the country’s economic operation is stabilizing, the real estate market is improving, coupled with the encouragement and support of national policies; on the other hand, the export situation of my country’s titanium dioxide industry is showing.
The situation is gradually improving.
At present, the titanium dioxide industry is returning to a rational economic market, transforming from “struggling for decline” and “struggling for quantity” to “strengthening for quality” and “strengthening for newness”.

In the future, the price of titanium dioxide is still likely to increase.
In the face of rising raw material prices, whether coating companies will increase product prices accordingly is still unknown.
To be sure, fighting a price war is no longer an effective means for coating companies to seize the market.
Blindly lowering prices will only make coating companies, especially small and medium-sized enterprises, overwhelmed and facing capital problems.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// style="vertical-align: inherit;"> )

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