After a small climax, titanium dioxide prices can rule out extreme trends

Release time：2022-04-11 09:39:14      Click times：195

In mid March, with a wave of price rise coordinated by domestic and foreign manufacturers, domestic manufacturers made price adjustments to varying degrees, and the overall price remained high and firm. The shipment speed of the supply side has accelerated and the shipment volume has increased. The end users who were still hesitant about the market have begun to release orders and purchase, and there has been a small climax at the purchase side. This wave of operation basically achieved the effect of stabilizing the market, promoting shipment and stimulating demand. Therefore, under the stimulation of a paper price increase letter, it basically realized the function of rapid and large-scale stock transfer.

Over the past week, users have emptied most of the inventories of manufacturers and dealers, and the pressure has shifted to the production end, while the market of raw materials sulfur, sulfuric acid and titanium concentrate at the production end is still rising slightly, especially the miners in Panxi area are reluctant to sell, wait-and-see and looking forward to rising. From the perspective of raw materials, the price of titanium dioxide remains high and strong, so manufacturers still have strong reasons to maintain a high level and promote the market, but they also have the ability to eat up the rising cost and compress the profit, that is, to maintain a comprehensive preparatory pattern that can be attacked, defended and stable.

Most orders at the supply side are in hand, and most of March is in the process of delivering orders. At present, the epidemic is at the head, and the nationwide outbreak in Northeast, East and South China has a great impact on logistics. Therefore, it is recommended that users place orders in advance, make 1.5-2 times the safety inventory budget, and make preparations for the extension of material flow timeliness. Home office has been implemented in some areas, including some end users. Now imagine an extreme situation. If the tension of the epidemic continues, the demand side or holiday shutdown, the supply side shipment is blocked and the inventory is high. In addition, some demand in April was overdrawn in March. Therefore, there are still weak risks in the short term.

In terms of export, with the slight decline of sea freight, the shipment status has improved, but some international giants have contracted overseas supply due to various factors, and the phenomenon of "import to export" has begun to appear. Therefore, it is time for China's titanium dioxide to give full play to its advantages.

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At present, the mainstream prices of most domestic rutile and anatase titanium dioxide by sulfuric acid method are 19800-21500 yuan / ton and 18500-19800 yuan / ton. The mainstream prices of domestic and imported rutile titanium dioxide by chlorination method are 23500-26000 yuan / ton and 30500-32000 yuan / ton according to their uses (all the above are cash ex warehouse prices including tax).

2、 Future forecast

This week, the domestic titanium dioxide price market is at a high level. Yang Xun, an analyst in the titanium industry, believes that a wave of price rise in March is beneficial to stimulate, the trading market has set off a wave of small climax, and the delivery situation may continue to the last ten days. With the rise of raw material prices of manufacturers and the low inventory position, it is also necessary to meet rigid demand; Under the epidemic situation, the price is at a high level, and the above-mentioned weak risks still exist in the trading market. There is still confrontation between long and short sentiment, but extreme trend conditions can be ruled out in April. In the short term, the price market in March is mainly high and strong, and the actual order price is still a single discussion based on the order, quantity and payment form.

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