Titanium dioxide has risen for five consecutive years, and the performance and stock prices of many related companies "fly"

At noon on May 6, China Nuclear Titanium Dioxide issued a price increase announcement, which was the first to fire a new round of price increase "the first shot.
" In the evening of the same day, Jinpu Titanium Industry and Anada also increased the sales price of titanium dioxide, and the titanium dioxide market officially started the fifth round of price increases during the year.
On May 7, manufacturers such as Jiangsu Zhentai, Shandong Dongjia and Shandong Dawn successively issued letters announcing price increases.

According to data from Zhuo Chuang Information, on May 7, the national market price of rutile titanium dioxide was raised to 19,900 yuan/ton, and the mainstream negotiated reference price in each market was 19,500 yuan/ton to 20,500 yuan/ton.

Tian Xiaoyu, a titanium dioxide analyst at Zhuo Chuang Information, told a reporter from the Securities Daily: “The increase in the cost of titanium concentrate prices is still a strong support for the price of titanium dioxide, and the impact of continuous supply tension caused by strong demand is superimposed.

In fact, since July 2020, the price of titanium dioxide has maintained a monthly rhythm, and it continues to this day.

Affected by increased demand and continuous price increases, a number of listed titanium dioxide companies have handed in their dazzling first quarter report cards for 2021.

In addition to performance, the stock prices of related companies in the titanium dioxide sector have also continued to rise.

According to data from Eastern Fortune Choice, as of the close of the market on May 7, the A-share titanium dioxide concept sector rose 17.

Tight spot supply 

According to the price increase letters issued by many companies, all companies have the same rate of increase in this round, all of which are raising RMB 1,000/ton for domestic customers.

　　According to data from Zhuo Chuang Information, in the first quarter of this year, the price of 46% titanium concentrate was continuously increased in conjunction with titanium dioxide, achieving a quarterly increase of 19.

48%, and the quarterly average price was increased by nearly 39% compared with the same period last year.
As of the end of April, the price of 46% titanium concentrate has increased by 150 yuan/ton from the previous month, and the average price has reached 2,450 yuan/ton, which has doubled from 1,175 yuan/ton in June 2020.

　　Yang Xun, an analyst of Yantai Titanium industry, believes that in the short term, the price of titanium concentrate upstream of titanium dioxide will continue to maintain the situation of "tight goods and high prices".

　　In addition to the cost side, strong demand is also the main reason for the increase in the price of titanium dioxide.

At present, the boom in downstream automobiles and real estate of domestic titanium dioxide is driving the growth of coating demand, and with the expectation that the new production capacity of many large coating companies will be released, the domestic demand for titanium dioxide will further increase.

　　From the supply side, “At present, the major major manufacturers have placed orders until June.

In addition, due to long-term high-load operation, manufacturers in Southwest China and South China have had problems with their installations.

　　"The price of ilmenite concentrate will likely continue to push titanium dioxide manufacturers to make further price increases.

With the tight spot supply, the price of titanium dioxide will not turn in the short term.

　　Companies have sufficient orders on hand 

　　The demand is strong, the supply of products is in short supply, and some companies have sufficient orders.

A relevant person in charge of a domestic titanium dioxide company told a reporter from the Securities Daily: "The company currently has ample orders and all production lines are at full capacity.
"

　　Corporate orders are sufficient and prices continue to rise, and a number of listed titanium dioxide companies have achieved substantial growth in the first quarter of this year.

Specifically, Lomon Baili, China Nuclear Titanium Dioxide, Huiyun Titanium Industry, Jinpu Titanium Industry and Ananda respectively achieved net profits attributable to shareholders of listed companies of 1.
064 billion yuan, 287 million yuan, 44.
59 million yuan, and 35.
55 million yuan.
And 30,546,900 yuan, a year-on-year increase of 18.
03%, 77.
29%, 81.
25%, 1308.
05% and 28.
54% respectively.

　　Regarding the performance of the first quarter, Yao Cheng, Chairman of Anada, said at the performance briefing: "In the first quarter of this year, the titanium dioxide market continued to improve.
The company holds a certain amount of orders, basically no inventory, and production continues to hit new highs.
"

　　CNNC Titanium Dioxide said: “The sales volume of the company’s main products in the first quarter increased significantly compared with the same period last year, and the sales price of the company’s main product rutile titanium dioxide has also been raised several times in the first quarter.
” It is reported that China Nuclear Titanium Dioxide will be released in 2021.
A total of three price adjustment announcements were issued in the first quarter of this year.
The domestic sales price has increased by 2,500 yuan/ton, and the foreign sales price has increased by 430 US dollars/ton.

　　As of May 6, China Nuclear Titanium Dioxide has raised product prices five times during the year.
The domestic sales price has increased by 4,500 yuan/ton, and the foreign sales price has increased by US$730/ton.

　　A-share titanium dioxide related stocks have been favored by investors.
On May 7, the stock price of China Nuclear Titanium Dioxide hit a maximum of RMB 12.
85 per share, setting a record high, with a cumulative increase of over 120% during the year, ranking first in the sector.
At the same time, Lomon Bailey, Panzhihua Iron and Steel Vanadium Titanium, Anning Shares and Tianyuan Shares have achieved 18.
75%, 15.
21%, 14.
72%, and 14.
04% respectively during the year.

　　Transfer from: Securities Daily

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