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Since the issuance of the titanium dioxide price adjustment letter by Yibin Tianyuan on September 2, in just 7 days, nearly 20 companies including Guangxi Shunfeng Titanium Industry, Lomon Billions, China Nuclear Titanium Dioxide, and Jinpu Titanium Industry have announced titanium dioxide pric.
According to the analysis of industry insiders, there are four main reasons for the centralized price adjustment of titanium dioxide enterprises: first, the supply of raw material titanium concentrate is relatively tight, and the price is getting firmer, which increases the production cost; The drop in operating rate, the "relocation of warehouses" in August, or the improvement of foreign trade brought about by the exchange rate increase, have all consumed the inventory of enterprises to a certain extent; third, the traditional peak season of "Golden Nine Silver Ten" is coming, and the market demand will be higher than that in July and Augu.
According to the statistics of Yan Ti Yunshang, since Lomon Billion announced the price adjustment of titanium dioxide on August 2, 24 manufacturers have followed up and announced the increase in the month, and the price has been increased by 500-800 yu.
According to Yang Xun, an industry analyst at Yantai Titanium, a wave of price hikes in early August caused manufacturers and distributors to increase their actual transaction prices, with some prices rising by 200-300 yu.
It is understood that there are not many new orders signed and sold in the domestic titanium dioxide market at present, and the price increase period has just enter.
For the market outlook, the industry generally believes that there are still many uncertain factors, and the market trend is not very cle.
Yang Xun believes that with the shortage of supply from some manufacturers and the arrival of the traditional peak season, the comprehensive price of titanium dioxide may rise again in September, and the actual transaction price will be negotiated one by o.