Sharp titanium white powder prices rise nearly 6% due to tight supply

China Coatings Network
News: Due to tight supply, Sichuan Panzhihua region's Dingxing titanium industry and Tianlun titanium industry raised the price of sharp
tumium dioxide
price, the current price from 8500 yuan / ton to 9000 yuan / ton, an increase of 5.88 percent.
analysts revealed that Tianlun titanium industry has a line to stop production, Dingxing titanium industry is not high, sharp titanium production more, supply reduction, resulting in tight supply of sharp titanium type. It is understood that some manufacturers of sharp titanium-type products supply tight, some enterprises said that the price will be raised again in the nearth, and is not in a hurry to ship. But the analysts also said there was little chance of a late rally because demand was little changed.
analysts also said that sharp titanium dioxide is not yet a mainstream variety, and accounted for 75% of the gold-redstone titanium white powder, due to high production capacity, inventory and production are difficult to come down, there is still no sign of price increases.
called Jinpu Titanium and Anada on the price increase, as of the time of writing, Jinpu Titanium's phone is still unanswered. Anadar officials said the price is the responsibility of the sales part, it is not clear.
analysis pointed out that last year, the price of sharp titanium-type titanium dioxide continued to fall, the industry losses are serious, Guangxi, Yunnan, Sichuan Panzhihua and other major production areas have sharp titanium manufacturers to stop production, some small and medium-sized enterprises have withdrawn from the market. The accelerated contraction in capacity, coupled with low downstream inventories, is widely believed in the industry that current prices have bottomed out. The statement was also endorsed by several analysts in the industry, "bottom is true".
the two cities of the main titanium dioxide listed companies, Jinpu titanium industry sharp titanium products accounted for nearly 40% of revenue, Anada revenue accounted for about 16%.