CIC Advisor Reminder: The cumulative increase in the past two weeks is 0.3 US dollars per kilogram of titanium, equivalent to approximately 1900 RMB per ton. Given the overall weak global economic situation, businesses are cautious about this move and have expressed a lack of judgment on the long-term market, hoping to seize short-term operational opportunities.
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In the first quarter of this year, due to factors such as significant increases in raw material prices, the profit level of the titanium dioxide industry dropped to a historical low. More than 20% of small and medium-sized enterprises in the country are in a state of shutdown or intermittent shutdown, and some backbone enterprises are also reducing production. Except for enterprises that own pyrite based sulphuric acid production or have both phosphate fertilizer and phosphate chemical products, enterprises that only produce anatase products have suffered losses in the whole line, and rutile based product enterprises have seen their profits shrink significantly or have suffered losses. Entering the second quarter, raw material prices showed a downward trend. The titanium dioxide industry, struggling in difficulties, has finally seen a turnaround.
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Since the 21st century, China's titanium dioxide industry has entered a period of rapid integration and comprehensive development. The annual consumption of titanium dioxide in China's inland has nearly quadrupled, forming a beautiful landscape of "the Chinese era of the global titanium dioxide industry". Not only has the production capacity and output of titanium dioxide become the first in the world, becoming the largest producer and consumer of titanium dioxide in the world, but the entire titanium dioxide industry has made great progress in production technology, product quality, export pattern, etc.
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Taking the sulfuric acid rutile titanium dioxide with a large volume of goods in the domestic market as an example, it can be seen from the figure that the overall average price of titanium dioxide this week (October 29 to November 2)
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As titanium dioxide has entered the peak sales season, its landscape has recovered, and some enterprises have raised prices by 200 to 300 yuan per ton in the past week. At present, the ex factory price of rutile titanium dioxide is 13000 to 14500 yuan/ton, and that of anatase titanium dioxide is 11200 to 12500 yuan/ton. On the enterprise side, the business situation improved significantly in the third quarter, with a significant increase in shipment volume.
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Yesterday, the business agency announced that DuPont announced on September 20, 2013 that the price of DuPont titanium dioxide would rise globally from October 1.
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