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"Jinjiuyin" titanium dioxide market is less strong than last year

June 27, 2022
In 2017, the market demand for “Jinjiuyuewang” titanium dioxide was lower than that of last year. Looking back last year, the fundamentals of the “Jin 9 Silver 10” market maintained a strong upward trend. At that time, the company’s inventory was low, the spot market was tight, and the export market was stable. Coincides with the "Global Titanium Dioxide (chlorination method) Application Forum - cumulus Longli Lilian Press Conference" held in Zhengzhou, followed by a strong pull-up of the titanium dioxide market, on November 2nd, Sichuan Longxi and Wei Lilian simultaneously announced a rise Sulfuric acid titanium dioxide domestic market price of 1000 yuan / ton, followed by Henan, Sichuan, Shandong, Anhui, Yunnan, Guangxi and other regions follow-up manufacturers, or 500-1000 yuan / ton, the market demand to chase the "carry goods" .

The weak market demand this year was more prominent. The paint industry rectified and adjusted, resulting in a weaker paint downstream market. Moreover, the paint market price was unable to pull up, and the price hike of raw materials forced “there is no single point”, however, compared with last year. In the same period, the average price increase of rutile titanium dioxide reached about 25%. In the beginning of November last year, the mainstream prices for sulfated rutile and anatase titanium dioxide were around 13,000-14,500 yuan/ton and 10,000-11,000 yuan/ton (both including tax).

This year, the “Golden September, Silver, and Silver” titanium dioxide company announced twice that it would raise the price of its products. Although it was out of the low season of July and August, it was not strong enough this year compared to last year’s “Golden 9 Silver 10”. As the traditional peak season is coming to an end, the market demand for titanium dioxide will turn flat. Some titanium dioxide companies and large traders stated that the current short-term market price may stabilize, but after entering the market in December or more to take a single negotiation, companies and dealers will adjust prices according to their own market conditions, the overall market will not Waterloo appears.

Under the circumstances that the market is relatively weak, we see that the overall response of the titanium dioxide industry to the market is more rational, and marketing strategies and production and market matching are more scientific and reasonable.

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Author:

Mr. Keven

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