There are currently large fluctuations. On the surface calm, the market may be dark tide surging. The rising trend of the market has already formed. Companies all want to continue to pull up with the aid of rising inertia. Titanium dioxide market performance is stable.
Domestic sulfuric acid method rutile titanium dioxide prices in 12,000 yuan / ton, there are still differences in different regions, the Southwest 11400-12600 yuan / ton, more than a single real deal transactions mainly based on. The price range in East China is 1,200-13,000 yuan/ton; in Central China, the price range is 13,000 yuan/ton. There was little change in the focus of the discussion on rutile titanium dioxide in the chlorination process. The prices were negotiated at 12,500-13,000 yuan/ton, and slightly higher at 14,000 yuan/ton. The strong titanium dioxide price trend intuitively reflects the current market status: On the one hand, the global economic recovery is stronger than expected, and the domestic monetary policy has turned to the real economy. On the other hand, the company's shipments have been smooth, inventory pressure is low, and price appreciation is strong. Starting to stabilize production capacity, there is still room for data. The overall volume of the titanium dioxide industry is 2.9 million tons. Currently, the average operating rate of the industry is around 63%. Based on the current operating rate, the production capacity is about 1.8 million tons. In 2015, the total production of titanium dioxide was 2.323 million tons, so the operating rate of the market is expected to continue to increase. In addition, the leading enterprises in various regions of the market started to work normally. The operating rate of Sichuan Longjing in Southwest China was 95%, the operating rate of titanium dioxide in China's East China Nuclear Power was 82.5%, the operating rate of Hualien Henan in Central China was 82.5%, and Shandong Dongjia was 77% in Shandong Province; Several companies that discontinued production facilities include Yunnan Zechang, Xichang Ruikang, Panzhihua Xinzhong Titanium and Guangxi Jinlong, with a total capacity of approximately 250,000 tons. Taken together, the current market demand for titanium dioxide downstream coatings, plastics, and papermaking industries is slowly recovering, coupled with low capacity, so inventory is digested quickly. With the rising prices of mainstream companies in the country, there is a trend of continued heavy supply in the future. Since the basic equipment of companies with a capacity of over 100,000 tons is normal, the future market competition will focus on the increase in the operating rate of small and medium-sized enterprises.
Market Forecast
At present, the attitude of practitioners in the market is relatively optimistic. It is reported that Pangang intends to continue to raise prices, and another trader said that the current inventory is digested faster and the market is more likely to welcome the surge in prices. The optimism of the supply and demand side, the optimism of the macro economy, and the optimism of practitioners that the current titanium dioxide market is still expected to rise.
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