echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Titanium white powder looks forward to the "golden nine" to get rid of the "titanium slug"

    Titanium white powder looks forward to the "golden nine" to get rid of the "titanium slug"

    • Last Update: 2020-09-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    China Paint Network
    News: "Golden nine silver ten" is coming soon, according to the experience of previous years, "golden nine" coming,
    tumium dioxide
    downstream
    coatings
    industry, ink, plastics and other markets will be more prosperous, to promote the use of titanium dioxide increased. This is a good opportunity to counter-attack the titanium dioxide market, which has been falling since May. Although the market has not yet shown much positive signs towards the end of the month, some companies are cutting production and reducing negative to pull up the market price. Industry enterprises generally reflect that the price of titanium dioxide in the vicinity of 10,000 yuan for a long time, hope that the industry can be promoted from many sides, with a view to getting out of the "titanium palaeum" as soon as possible.
    in May, June, July and August this year, the titanium dioxide market suffered four consecutive "downs and downs", the price hit a near three-year low. In August, the market price broke through the historical low in recent years, breaking the previous volatility, and began to bottom out. Last week (August 17-21) the domestic titanium dioxide market stabilized at a low level, most of the sulphuric acid gold redstone type and sharp titanium type titanium white powder mainstream quotation in 10000 to 12000 yuan (ton price, the same, including tax) and 9000 to 10200 yuan. Recently, the price of titanium dioxide in the last four months fell to 1500 yuan, some products even fell below the million yuan mark, the actual market transaction price has been accompanied by the market "a single discussion", enterprises are on their own. At present, the titanium dioxide market promotional measures a variety of, we compete to reduce prices in disguise.
    downstream paint production production decline, the procurement of titanium dioxide raw materials greatly discounted, the overall situation is worrying. Now the main downstream demand support is weak, titanium white powder market situation is not optimistic, can not bear the enterprise to reduce production and stop production, and some even produce the idea of exit, "titanium" revealed no doubt.
    the titanium dioxide market "four consecutive decline" so that production enterprises face losses or stop production, seriously affecting the confidence of the industry. "Can't go on, this year's market is not 'skin' soft, is the bones are soft", with more than 20 years of experience in titanium dioxide industry, Shanghai Yan titanium general manager Ningke Cheng is worried about the market.
    although the current titanium dioxide market as a whole continues the weak trend, but the positive factors in operation are increasing, the market or stabilize the low price to welcome the "golden nine." It is reported that in 2015 the global titanium dioxide market is generally in a situation of oversupply, some manufacturers to close some factories, reduce production to cope with market weakness. For example, Huntsman recently shut down the 10-ton titanium dioxide unit in Calais, France, retaining only post-processing capacity. Tyno, which has been interested in reducing output of titanium dioxide and mineral sand since the second quarter of this year, has recently suspended one production line at its six-line titanium powder plant in Hamilton, USA, and a production line at its Tiwest pigment plant in Western Australia (four production lines in total), meaning that the company's total titanium dioxide production line has dropped by minus 15 per cent, a result of its determination to match market conditions by reducing production rates and inventory.
    domestic side, since this year, many times to reduce the financial institutions RMB deposit and loan benchmark interest rates and reserve requirement ratio, the monetary environment is tight and moderate. Recently, the first and second-tier cities real estate rebound trend is obvious. Later is expected to continue the momentum of recovery, which has a supporting effect on the trend of titanium dioxide.
    All over the titanium dioxide production enterprises believe that the market near the million yuan mark has continued for a long time, I hope that the trade association organizations to play the role of research, consulting and advice, from many aspects to promote, stabilize the market price to tide over difficulties, and strive to get out of the "titanium" as soon as possible.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.