Titanium white powder wave three fold 2014 technology to achieve a big leap

China Adhesive Network News:
Since the beginning of this spring, affected by the U.S. real estate recovery, China's
tumium dioxide
export volume increased significantly, titanium dioxide prices have been steadily increased. Take the domestic titanium dioxide leading enterprises Sichuan Longyu as an example, since mid-to-late April six consecutive increases in the factory price of titanium white powder, there are many domestic titanium dioxide enterprises follow the increase in factory prices. But since the fourth quarter, the global market price of titanium dioxide has entered a sustained downward path. It is understood that the current domestic market price of titanium dioxide has fallen to about 12,500 yuan / ton, a record low, Europe and North America titanium dioxide market prices also continue to decline. Looking back at the price of titanium dioxide in 2014, what insights and inspirations will it bring us?
supply and demand determine the price of domestic and foreign demand
the main reason affecting the price of titanium dioxide is supply and demand. At the beginning of 2014, China's exports of titanium dioxide increased significantly. From the monthly figures, there are 50,000 tons, and some months even more than 50,000 tons. Exports increased, partly because of the recovery of foreign real estate industry and increased demand; On the other hand, the quality of domestic titanium dioxide products is gradually accepted by the international market, at the same time because of its relatively low prices, resulting in a large increase in 2014 titanium dioxide exports, this situation is expected to become a new normal in the future.
so the titanium dioxide industry will usher in spring? Here we must consider the Chinese market. In 2013, China's actual production of titanium dioxide exceeded 2 million tons for the first time, reaching 2.155 million tons, an increase of 14%, accounting for about one-third of the global total, has exceeded the United States for several years, is the world's largest producer and consumer of titanium dioxide. In 2014, China's real estate business began to enter a cyclical adjustment, the market gradually cooled, investment growth is expected to decline to about 10%. The downturn in the real estate market has led directly to a sharp drop in demand for titanium dioxide. The weakness of domestic demand is an important reason to control China's titanium dioxide into the price increase process, in the first three quarters of 2014, titanium white powder price fluctuations are not large.
export volume does not mean a big increase in demand, titanium dioxide demand must be integrated international and domestic domestic demand and domestic demand joint considerations. Entering November, titanium dioxide began to enter the traditional demand off-season, all the way to the price has become low, most enterprises started a price reduction trip, after nearly half a year of price increases, the cumulative increase of 2000 yuan / ton, to the end of November, has been consumed by more than half, price increases need to be Half a year, price reduction as long as a month, so "waterfall"-style decline in the market so that manufacturers pressure is not small, coupled with the end of the year is very urgent, large enterprises to reduce prices down the impact of the decline is obvious, the fourth quarter of 2014 titanium dioxide market seems to be more "cold" than winter.
capacity significantly increased the rapid accumulation of enterprise inventory
the global concentration of titanium dioxide production capacity is very high, by the end of 2013 seven suppliers hold 4.01 million tons of titanium dioxide production capacity, accounting for 55.6% of the total global production capacity, with the total production capacity of small capacity outside China about 400,000 tons, and China in recent years after the expansion of production capacity, titanium dioxide production capacity has exceeded the United States, becoming the world's largest producer of titanium dioxide, in 2013 its titanium dioxide production capacity reached 2.8 million tons, accounting for 38.8% of the global total production capacity.
2006-2013, China's titanium dioxide production capacity increased from 1.14 million tons to 2.8 million tons, with an average annual growth rate of 13.7%. In 2013, China produced 2.155 million tons of titanium dioxide, an increase of 13.47 percent year-on-year. However, according to the data, as of the end of 2013 titanium dioxide social inventory of about 300,000 tons, excluding the beginning of 2013 titanium white powder social inventory of 5-10 million tons, to infer that the real demand for titanium dioxide in 2013 in 1.70-1.75 million tons, the increase in output brought about by the new capacity delivery has not been effectively digested, rapid accumulation of enterprise inventory.
of titanium dioxide technology has been broken through the industry ushered in a good
from the production process, the global production of titanium dioxide mainly has sulfuric acid method and chlorination method two processes. Among them, the production technology of titanium dioxide chloride method has developed rapidly because of its obvious advantages such as short process, large production capacity, high product quality and small pollution emissions, and has become a very mature advanced technology in the international community, and since the 1980s, the new titanium dioxide production line has adopted this process as the mainstream production line. Currently, about 60% of the world's titanium dioxide production is produced using chlorinated processes.
For a long time, foreign chemical giants on the production technology of titanium dioxide chloride method highly blocked and monopolized, the existing domestic design capacity of titanium dioxide sulfate method has reached an annual output of more than 2.8 million tons, of which about 2 million tons of production capacity for nearly a decade built, and distributed among dozens of manufacturers. Enterprises to small and medium-sized enterprises, industrial concentration is obviously too low, products to the middle and low end mainly, homogenization of fierce competition. Demand for high-end products remains dependent on imports, which amount to about 200,000 tons a year.
improved in 2014, the domestic chlorinated titanium can be described as a "human boom." Recently, according to the statistics of the titanium dioxide industry, there are 6 enterprises in China have mastered the titanium dioxide technology of chlorination, and started the construction of titanium chloride project, ending the history of Jinzhou titanium industry alone for more than ten years. At present, the domestic boiling chlorinated titanium white plant in trial production has Jinzhou titanium industry 30,000 tons / year, Yunnan Xinli 60,000 tons / year and The first phase of the 60,000 tons / year project, followed by Henan Yulilian (23.91, 0.43, 1.83%) 60,000 tons / year project. Among them, the rapid development of the titanium industry in The Weihe River has now entered the stage of normal production on a large scale. This will play a positive role in promoting the development of titanium dioxide industry in china.