Recently, a number of companies announced that they would once again raise the price of titanium dioxide. It is expected that the price of titanium dioxide in 2017 is expected to exceed 20,000 yuan/ton, and will lead the market of titanium to keep improving.
Titanium dioxide prices have traces to follow
According to the survey, after entering late February, the price of titanium dioxide has gradually increased by 500, 700, and 1,000 yuan per ton. In the short term, the market price of titanium dioxide increases or gradually expands.
What, then, is the reason why the price of titanium dioxide has risen again and again?
First of all, of course, is the strong support of national policies. In the past two years, as the government continued to strengthen supply-side reform and environmental protection, it issued a number of production specifications and guidelines for the titanium dioxide industry, and provided clear production standards for titanium dioxide production enterprises. The production capacity is close to 360,000 tons. Therefore, the market for titanium dioxide continues to improve, and is closely related to supply-side reforms and environmental protection overweight factors.
Secondly, the demand for titanium dioxide in lithium titanate batteries has been doubled every year, and the market space in the future is very large. As we all know, the rapid development of new energy vehicles in recent years has not only ignited lithium but also triggered the explosion of cobalt. Now it is time to “tumble†the titanium dioxide market. As more and more industrial capitals increase the capacity of lithium titanate batteries, the demand for high-end titanium dioxide begins to increase rapidly.
At the same time, the price of titanium concentrates, the main raw material for titanium dioxide, continues to rise. Due to changes in the pattern of supply and demand in the industry and the tightening of environmental protection measures, companies in the main production areas of Panzhihua Vanadium and Titanium High-tech Zone have been suspended from production due to environmental protection failures. The demand for titanium dioxide downstream has been strong, which has provided strong support for the price increase of titanium concentrates.
Finally, we must thank the titanium dioxide international industry giants for their hot events. It is reported that before and after the Spring Festival, Huntsman, a leading international titanium dioxide company, caught fire at a titanium plant in Pori, Finland, affecting 130,000 tons of titanium dioxide capacity and reducing the global supply of titanium dioxide products.
As a result, foreign titanium dioxide giants have issued price-raising letters in February, which in turn has boosted domestic titanium dioxide companies’ export demand and prices.
The continuous rise in the price of titanium dioxide directly catalyzed the continuous improvement of the market for titanium dioxide in the secondary market.
However, after all, the titanium dioxide industry was still unable to extricate itself in the continuous decline before 2016. Until 2016, titanium dioxide rose again and again, and after the titanium dioxide industry in China experienced many years of decline, it finally ushered in a rare "bull market."
At present, the titanium dioxide industry has a good economy, the market is still in an upward channel, and the trend is expected to be good in the later period. It is expected that the rising prices will continue in 2017.
Titanium dioxide prices have traces to follow
According to the survey, after entering late February, the price of titanium dioxide has gradually increased by 500, 700, and 1,000 yuan per ton. In the short term, the market price of titanium dioxide increases or gradually expands.
What, then, is the reason why the price of titanium dioxide has risen again and again?
First of all, of course, is the strong support of national policies. In the past two years, as the government continued to strengthen supply-side reform and environmental protection, it issued a number of production specifications and guidelines for the titanium dioxide industry, and provided clear production standards for titanium dioxide production enterprises. The production capacity is close to 360,000 tons. Therefore, the market for titanium dioxide continues to improve, and is closely related to supply-side reforms and environmental protection overweight factors.
Secondly, the demand for titanium dioxide in lithium titanate batteries has been doubled every year, and the market space in the future is very large. As we all know, the rapid development of new energy vehicles in recent years has not only ignited lithium but also triggered the explosion of cobalt. Now it is time to “tumble†the titanium dioxide market. As more and more industrial capitals increase the capacity of lithium titanate batteries, the demand for high-end titanium dioxide begins to increase rapidly.
At the same time, the price of titanium concentrates, the main raw material for titanium dioxide, continues to rise. Due to changes in the pattern of supply and demand in the industry and the tightening of environmental protection measures, companies in the main production areas of Panzhihua Vanadium and Titanium High-tech Zone have been suspended from production due to environmental protection failures. The demand for titanium dioxide downstream has been strong, which has provided strong support for the price increase of titanium concentrates.
Finally, we must thank the titanium dioxide international industry giants for their hot events. It is reported that before and after the Spring Festival, Huntsman, a leading international titanium dioxide company, caught fire at a titanium plant in Pori, Finland, affecting 130,000 tons of titanium dioxide capacity and reducing the global supply of titanium dioxide products.
As a result, foreign titanium dioxide giants have issued price-raising letters in February, which in turn has boosted domestic titanium dioxide companies’ export demand and prices.
The continuous rise in the price of titanium dioxide directly catalyzed the continuous improvement of the market for titanium dioxide in the secondary market.
However, after all, the titanium dioxide industry was still unable to extricate itself in the continuous decline before 2016. Until 2016, titanium dioxide rose again and again, and after the titanium dioxide industry in China experienced many years of decline, it finally ushered in a rare "bull market."
At present, the titanium dioxide industry has a good economy, the market is still in an upward channel, and the trend is expected to be good in the later period. It is expected that the rising prices will continue in 2017.
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