Titanium dioxide market is weak

Titanium dioxide market is weak

At present, the homogeneity of low-end titanium dioxide products in China is serious and excess supply exceeds demand. Titanium dioxide enterprises generally believe that the market is positive in the first quarter of this year. In April and May, the rising market prices seduce the desire of most companies for production. Sulfuric acid is a rutile type. Titanium dioxide market has a breakthrough of 12,000 yuan / ton, when the company increased production, inventory increased, the industry operating rate reached nearly 80%. The abrupt change in the market suffered a “cold stream”. In June, the market demand for titanium dioxide suddenly decreased drastically, and the decline in liquidity caused a sharp decline in social inventories. The export market also suffered setbacks. According to statistics from China Customs, China exported a total of titanium dioxide 298 in the first half of 2015. 651 tons, down 2.06% year-on-year, and the average export price was USD1,864/t, down 8.42% year-on-year. DuPont, Huntsman and other international companies successively lowered the prices of their titanium dioxide products, leading to the obvious cost-performance advantage of Chinese titanium dioxide based on the world market. This was the main factor that caused the export volume to decline in the first half of this year. In addition, the global macroeconomic environment is depressed, and the market demand for titanium dioxide with high macroeconomic correlation has also slowed down.

With severe market changes, the only way to cut prices and cut prices was to break below the yuan level. The industry consensus has lowered the operating rate. Even so, the company's cost price shipments are difficult to superimpose and sell, and panic has shrouded the titanium dioxide industry for a time. Titanium dioxide is an indispensable white pigment on the earth. At present, there is no substitute for any substance. Therefore, the characteristics and ubiquitous applications of titanium dioxide determine that it is bound to be closely related to the world economic production.

Although the market is weak but there is a certain demand, the current market price of sulfuric acid rutile titanium dioxide has stabilized 9,500 yuan / ton, and there is almost no room for further decline, bottoming out or stalemate decline? Xiao Bian thinks that the stabilizing in the short term will mainly rebound slightly. The main reason is that the recent market has made some achievements in going to the library. With the recovery of the titanium ore market, it is reported that last month, Kunming Iron and Steel Group and Longxu Group signed a strategic cooperation agreement. According to the agreement, the two parties will firstly purchase Panzhihua vanadium-titanium-iron concentrate from Kunming Steel, build a 5 million-ton/year iron ore concentrate pipeline transportation project from Panzhihua to Kunming, Kunming Steel in climbing the titanium slag smelting test and the extension of the metal titanium industrial chain, and agriculture. Resources and other fields cooperate. The production of iron ore in the Panzhihua area is inseparable from the production of titanium ore. This news favors the production of titanium dioxide from Longyan, or it can promote slight fluctuations in the price of titanium dioxide.

It is reported that the recent international iron ore prices have rebounded and rebounded, and the ore price has returned to above US$50/t. However, many people still believe that this time it will rebound and it will be difficult to change the iron ore's medium and long-term weakness.

It is reported that the price of iron ore in Panzhihua has increased by RMB 20-50/t in the past month. The reason for the rebound in iron ore prices is not the result of terminal consumption, but the stimuli on the news side. For titanium, the performance is relatively stable.

In addition, the news that Panzhihua Iron and Steel Group restarted the steelmaking blast furnace in October also provided good support for the price of underground mines. Such news will inevitably release the future demand for iron ore.

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