A lot of manufacturers have already sealed the odd number of days to prepare for rise. From last Sunday to the end of September, nearly 20 titanium dioxide manufacturers have sent letters to adjust the price, with the increase ranging from 500 yuan to 1000 yuan per ton. Tian Xiaoyu, an analyst with Zhuo Chuang information titanium dioxide, told the Shanghai Securities News that the pressure of raw material cost increases and the supply continues to be tight, which jointly contributes to the larger range of adjustment. The increasing external demand and domestic demand in the peak season have made the golden nine more attractive this year. With the gradual recovery of production and terminal consumption of titanium dioxide downstream users, Yinshi is also optimistic
The price of upstream raw materials rose, and the export volume in August exceeded 100000 tons in the year
On September 29, CITIC titanium, which has just completed the listing guidance and filing, issued a price adjustment letter, which specifically indicated that the price increase was affected by the price rise of raw materials such as liquid chlorine, and the companys manufacturing costs continued to rise. From October 1, the company will increase the domestic market titanium dioxide 500 yuan / ton, overseas market titanium dioxide 80 dollars / ton, refined titanium dioxide 200 yuan / ton.
It is understood that not only CITIC titanium industry, but also titanium dioxide manufacturers have sent letters every day to raise the price by 500-1000 yuan / ton. Such frequent price increases are rare. Several large leading enterprises will probably send price adjustment letters after the festival. According to a market source.
The second price adjustment in September was mainly due to the tight supply caused by the rise of upstream raw materials and the growth of export volume. Tian Xiaoyu said.
It is understood that in the near future, the mainstream price of titanium concentrate in panzhihua-xian area has risen significantly, with an increase range of about 100 yuan / ton. Panxi area is mainly affected by weather and road transportation, and the spot titanium middling in the trading market is tight. So far in July, the price of titanium concentrate has increased by more than 20%, and there is a tendency to continue to rise. In addition, the liquid chlorine in the chlorination process and sulfuric acid in the upstream of titanium dioxide in the sulfidation process increased to a certain extent. According to the statistics of some organizations, the comprehensive cost of titanium dioxide increases by about 550 yuan / ton.
September is the traditional peak season of titanium dioxide demand. With the rise of raw materials and the basic stability of domestic operating rate, the export volume of titanium dioxide in the second half of the year increased significantly, leading to the tight market supply. Source: Yan Tiyun
According to the data provided by the General Administration of customs, in August 2020, Chinas export volume of titanium dioxide was 117122.06 tons, with a month on month increase of 20.1% and a year-on-year increase of 34.09%. The average export price of that month was 1786.35 US dollars / ton. From January to August in 2020, the cumulative export volume of titanium dioxide was 777705.44 tons, and the cumulative average export price was 1964.46 US dollars / ton, an increase of 18.27% year-on-year.
In terms of import, in August 2020, Chinas import volume of titanium dioxide was 12291.17 tons, a decrease of 15.83% on a month on month basis, and a year-on-year decrease of 19.25%. The average import price of that month was 2887.37 US dollars / ton. From January to August 2020, the cumulative import volume of titanium dioxide is 104451.31 tons, and the cumulative average import price is 2884.15 US dollars / ton, a year-on-year decrease of 1.14%.
On the demand side, with the improvement of downstream coating, papermaking and other industries, domestic titanium dioxide demand continued to rise. Meanwhile, the worst stage of overseas demand has passed and is gradually improving. Manufacturers inventory is in a tight state, which promotes the domestic titanium dioxide price to rise, and the titanium dioxide price is expected to continue to rise in the second half of the year.
On the production side, cost pressure and tight market supply will not change in the short term.
Yan believes that some leading enterprises have recently received large foreign trade orders of 10000 tons. The priority of export orders is relatively high, and the tension in the domestic spot market is likely to intensify. In addition, the stock of Sichuan factory is already very tight, and Hubei factory is also in the routine maintenance cycle. From the perspective of the tight spot situation of leading enterprises in the industry, there is still a large possibility of continuous rise, and the increase has an increasing trend. Due to the temporary maintenance of the device failure of large enterprises in Southwest China, two production lines have been temporarily suspended. The situation of shortage of spot goods in the original market may be more serious. In terms of cost, the price of titanium concentrate in Panxi area is still strong.
On September 30, A-share titanium dioxide plate strengthened as a whole. Source: wind
On September 28, longmang Bailey announced that Yunnan Guoti Metal Co., Ltd., a holding subsidiary of the company, intends to build an intelligent manufacturing technology transformation project with an annual output of 30000 tons of rotor grade titanium sponge. Longmang Baili said that the implementation of the project will enrich the companys titanium product series, rely on the companys existing industrial chain, further give play to the companys advantages in scale, enhance the companys position in the titanium material industry, and promote the optimization and upgrading of the whole industrial chain of titanium concentrate titanium chloride slag chlorination titanium dioxide sponge titanium alloy.
CNKI titanium dioxide: it is proposed to raise 1.6 billion yuan for the post-treatment project of 200000 tons / year titanium dioxide
On September 27, CNKI announced that the total amount of funds to be raised will not exceed 1.6 billion yuan. After deducting the issuance expenses, the net amount of raised funds will be used for the 200000 tons / year titanium dioxide reprocessing project and supplementary working capital. Previously, the company said on the investor interaction platform that the product price adjustment has a positive effect on both the third quarter performance and the companys later development.
Huiyun titanium industry: will continue to develop high-end titanium dioxide market. On September 17, Huiyun titanium industry officially landed on the gem. According to the prospectus, the current production capacity and production scale of the company are in the upper middle level of the domestic industry. At present, the production capacity of titanium dioxide is 65000 tons / year, and it has a certain market share in the application fields of some medium and high-end products. Based on the companys product and business development, Huiyun titanium industry plans to invest 201 million yuan to raise funds for the 80000 tons / year plastic rutile titanium dioxide reprocessing and expansion project. The project takes the initial products of rutile type products under kiln as raw materials to improve the production capacity of the companys high-end rutile titanium dioxide products. The production capacity of the companys high-end titanium dioxide is upgraded from 50000 tons / year to 130000 tons / year. Source of this article: Yang Bin, editor in charge of Shanghai Securities News_ NF4368
On September 17, Huiyun titanium industry officially landed on the gem. According to the prospectus, the current production capacity and production scale of the company are in the upper middle level of the domestic industry. At present, the production capacity of titanium dioxide is 65000 tons / year, and it has a certain market share in the application fields of some medium and high-end products. Based on the companys product and business development, Huiyun titanium industry plans to invest 201 million yuan to raise funds for the 80000 tons / year plastic rutile titanium dioxide reprocessing and expansion project. The project takes the initial products of rutile type products under kiln as raw materials to improve the production capacity of the companys high-end rutile titanium dioxide products. The production capacity of the companys high-end titanium dioxide is upgraded from 50000 tons / year to 130000 tons / year.