1、 Market analysis
With the annual closing in December approaching, the last wave of price rise in 2020 will come as scheduled. Domestic manufacturers including LOMON BILLIONS, CITIC titanium, Pangang and some manufacturers have gone up without letter. Nearly 20 manufacturers have announced an increase of 500-1000 yuan / ton; foreign manufacturers including chemours, Kronos, tronox, Venator and other manufacturers have announced a rise of 100-150 US dollars / ton, truly realizing the full rise mode in the second half of the year since July At the same time, it has realized the synchronous "double cycle" of Titanium Dioxide price rise at home and abroad, reflecting the increasing price influence of China's titanium dioxide in the global market.
The real price market has risen for such a long time. The reasons are as follows: large export volume, low operating rate and high price of raw titanium concentrate. The above three points are also the fundamental reasons for the serious tension in the domestic spot market and several price rises. Based on the current situation, more people are concerned about the price trend in the beginning of 2021. According to the current order receiving situation of various manufacturers, although the anatase market is gradually weak, the rutile market remains tight and continues to rise, maintaining the pulling and driving effect on the anatase price market. In January, it may continue to maintain a strong and strong trend, keeping up with the unprecedented record of the rise in 2016.
At present, several important medium and large-scale producers in Southwest China are still in a tight spot, and their export orders are not worried. Some of them have reached February 2021, and their output is only so much, so they have much less investment in the domestic trade market. In addition, the routine maintenance and initiative of manufacturers in southwest and East China in December reduced the operating rate. Firstly, the rising titanium concentrate and sulfuric ACID market was restrained; secondly, the hungry sales were maintained; and the strong and stable price trend was maintained by restricting supply.
Some manufacturers only plan 50% or less of the task quantity to domestic agents, and there is no guarantee of timeliness and complete planned quantity. According to the current market trading situation, each carrier can deliver goods at a faster speed, and can basically complete the sales of the full planned quantity in half a month. The next time is almost no blank period, and the delivery market is in a chaotic stage. Not afraid of small orders, afraid of large orders, according to the current price orders can not be delivered, according to the delivery date orders can not determine the future price, is helpless.
At present, the mainstream prices of rutile and anatase titanium dioxide produced by sulfuric acid process are 16500-17800 yuan / ton and 13300-14500 yuan / ton, while the mainstream prices of domestic and imported chlorinated rutile titanium dioxide are 18500-20500 yuan / ton and 25800-28000 yuan / ton according to their uses.
2、 Future forecast
This week, the domestic titanium dioxide price market is strong, we think: 2020 will basically maintain a full rise in the second half of the year, some manufacturers (especially some large major producers) have a serious reduction in production and supply, and the spot is very tight. Now the focus is not on the price, but on whether you have the goods. Most of the short-term supply is still strong to see the implementation of a single spot price.
