Titanium Dioxide industry continues to outperform expectations
With the price increase of the fifth wave, domestic and international titanium dioxide market prices continued to rise, and low-cost sources were gradually emptied. The inventory of domestic production enterprises was insufficient. Recently, Xiao Bian and the Dr. Wang of the Chinese Academy of Sciences researched “titanium gypsum†together with others. The National Ministry of Environmental Protection Project “Study on the Control of Sludge Pollution Characteristics and Pollution Risk in Titanium Dioxide Production Industry†undertaken by the Chinese Academy of Sciences (CAS) project was successively awarded to “Nanjing Titanium Dioxide, CNI Titanium Dioxide, Ningbo Xinfu†and other companies. Below normal stocks, the large-scale card stocks that pull goods are still in the air. It is reported that at present, most large and medium-sized titanium dioxide enterprises have exceeded 50% of their orders in May, and the market has continued to be in a better position, exceeding expectations.
According to the data from the National Bureau of Statistics, in the month of March, the industrial enterprises above designated size achieved a total profit of 561.24 billion yuan. The current market for titanium dioxide is in the peak season of demand, and the company’s inventory is tight and shipments are smooth. Benefited from policies such as real estate “reform from business reformsâ€, real estate business development and real estate tax offsets, real estate sales rebounded, which directly affected the improvement in the paint market demand, while the demand for the titanium dioxide market improved. It increased by 11.1% year-on-year. The growth rate of industrial profits rebounded, and the economic trend was positive.
At present, the titanium dioxide market is in the peak season of demand, and the company's inventory is tight and shipments are smooth. Benefited from policies such as real estate “reform from business reformsâ€, real estate business development and real estate tax offsets, real estate sales rebounded, which directly affected the improvement in the paint market demand, while the demand for the titanium dioxide market improved.
Increased concentration of the industry, reduced production and quality, and “three reductions, one reduction and one supplement†means that capacity reduction, destocking, de-leveraging, cost reduction, and short-cutting, and promoting the elimination of excess production capacity will effectively implement the inventory matching market. The rules will enable the industry to enter into a normalized and normalized reasonable market price during the 13th Five-Year Plan Period. This will lay the foundation for China's titanium dioxide industry to become an internationally competitive and powerful country, and healthy and sustainable development will be the last resort.
According to the data from the National Bureau of Statistics, in the month of March, the industrial enterprises above designated size achieved a total profit of 561.24 billion yuan. The current market for titanium dioxide is in the peak season of demand, and the company’s inventory is tight and shipments are smooth. Benefited from policies such as real estate “reform from business reformsâ€, real estate business development and real estate tax offsets, real estate sales rebounded, which directly affected the improvement in the paint market demand, while the demand for the titanium dioxide market improved. It increased by 11.1% year-on-year. The growth rate of industrial profits rebounded, and the economic trend was positive.
At present, the titanium dioxide market is in the peak season of demand, and the company's inventory is tight and shipments are smooth. Benefited from policies such as real estate “reform from business reformsâ€, real estate business development and real estate tax offsets, real estate sales rebounded, which directly affected the improvement in the paint market demand, while the demand for the titanium dioxide market improved.
Increased concentration of the industry, reduced production and quality, and “three reductions, one reduction and one supplement†means that capacity reduction, destocking, de-leveraging, cost reduction, and short-cutting, and promoting the elimination of excess production capacity will effectively implement the inventory matching market. The rules will enable the industry to enter into a normalized and normalized reasonable market price during the 13th Five-Year Plan Period. This will lay the foundation for China's titanium dioxide industry to become an internationally competitive and powerful country, and healthy and sustainable development will be the last resort.
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