Domestic titanium dioxide manufacturers have started down to about 60%

Drying equipment

Although titanium dioxide giants in foreign countries are still raising prices, titanium dioxide has continued to rise for nearly five months in this round, and has begun to turn downwards under the pressure of falling raw materials prices and depressed downstream demand.

The ex-factory price of major rutile titanium dioxide in China is mostly between 16800 and 20,000 yuan/ton, which is a lot lower than the previous average high price of 21,000 yuan/ton. The decline in anatase titanium dioxide is even more pronounced. At the end of March, its price was still in the range of RMB 17 to 18,200/ton. As of today, it has plummeted to RMB 16 to RMB 16.50 million per ton. In just two weeks, its ton The quotation has already fallen by a thousand dollars.

The loosening of domestic titanium dioxide prices started at the end of February this year and began to accelerate at the beginning of April. Longxi Group sales personnel told reporters that in fact, last year, the downstream building materials, paint industry has been overall weak, the actual demand for titanium dioxide is less.

Due to the slowness of the downstream delay, titanium dioxide manufacturers’ inventories have remained at a high level since March and face greater sales pressure. Similar to the initial push by leading companies, in mid-March, it was also the leading companies that took lower prices in some areas to take the goods, and then reduced their prices to the entire industry.

Since two tons of multi-titanium concentrate raw material can purify one ton of titanium dioxide, the price of titanium concentrate has become a barometer of the price of titanium dioxide to some extent. The above-mentioned industry sources told the reporter that more than 30% of the titanium concentrates imported from China came from Vietnam. At the end of last year, Vietnam announced that it would terminate the export of titanium concentrates, which greatly boosted the price of titanium dioxide. However, at present, from titanium concentrate to titanium dioxide, to the downstream coating industry, the entire industry chain has entered a period of slack season, the demand is significantly weak, especially the loose raw material price of titanium concentrate will also help push the market down. .

Compared with the "trick hand" price of 2,500 yuan / ton at the beginning of this year, the titanium dioxide market has lost its cost support. Yang Xun told reporters, "At present, the price of grade 46 titanium concentrates in the Panzhihua region is mostly in the range of 1,700 to 1,800 yuan/ton, and even a low price of 1,300 yuan/ton has occurred."

Although foreign leading companies Huntsman, Connors, DuPont and others have announced price increases since March, the factors that have been passed to the country have been greatly reduced. Analyst Yu Nana of Zhongyu Information Analyst believes that due to the serious impact of the declining macroeconomic consumption, the high international market prices, the actual transaction situation is not optimistic, especially in the off-season titanium market, the demand is deserted, and the market activity is not as good as before.

Since April, the average start-up of domestic titanium dioxide manufacturers has dropped to about 60%, and some small-scale enterprises have no one to pick up or even shut down.

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