Titanium dioxide prices fell below ten thousand yuan
2019-08-24 14:04:42
With the severe market changes, the price of titanium dioxide had to be reduced by prices, and then cut prices. Breaking through the yuan level did not stop falling, and the industry consensus lowered the operating rate. Even so, the company's cost price shipments are difficult to superimpose and sell, and panic has shrouded the titanium dioxide industry for a time.
It is reported that the recent international iron ore prices have rebounded and rebounded, and the ore price has returned to above US$50/t. However, many people still believe that this time it will rebound and it will be difficult to change the iron ore's medium and long-term weakness.
At present, the homogeneity of low-end titanium dioxide products in China is serious and excess supply exceeds demand. Titanium dioxide enterprises generally believe that the market is positive in the first quarter of this year. In April and May, the rising market prices seduce the desire of most companies for production. Sulfuric acid is a rutile type. Titanium dioxide market has a breakthrough of 12,000 yuan / ton, when the company increased production, inventory increased, the industry operating rate reached nearly 80%. The abrupt change in the market suffered a “cold streamâ€. In June, the market demand for titanium dioxide suddenly decreased drastically, and the decline in liquidity caused a sharp decline in social inventories. The export market also suffered setbacks. According to statistics from China Customs, China exported a total of titanium dioxide 298 in the first half of 2015. 651 tons, down 2.06% year-on-year, and the average export price was USD1,864/t, down 8.42% year-on-year. DuPont, Huntsman and other international companies successively lowered the prices of their titanium dioxide products, leading to the obvious cost-performance advantage of Chinese titanium dioxide based on the world market. This was the main factor that caused the export volume to decline in the first half of this year. In addition, the global macroeconomic environment is depressed, and the market demand for titanium dioxide with high macroeconomic correlation has also slowed down.
Titanium dioxide is an indispensable white pigment on the earth. At present, there is no substitute for any substance. Therefore, the characteristics and ubiquitous applications of titanium dioxide determine that it is bound to be closely related to the world economic production.
It is reported that the recent international iron ore prices have rebounded and rebounded, and the ore price has returned to above US$50/t. However, many people still believe that this time it will rebound and it will be difficult to change the iron ore's medium and long-term weakness.
At present, the homogeneity of low-end titanium dioxide products in China is serious and excess supply exceeds demand. Titanium dioxide enterprises generally believe that the market is positive in the first quarter of this year. In April and May, the rising market prices seduce the desire of most companies for production. Sulfuric acid is a rutile type. Titanium dioxide market has a breakthrough of 12,000 yuan / ton, when the company increased production, inventory increased, the industry operating rate reached nearly 80%. The abrupt change in the market suffered a “cold streamâ€. In June, the market demand for titanium dioxide suddenly decreased drastically, and the decline in liquidity caused a sharp decline in social inventories. The export market also suffered setbacks. According to statistics from China Customs, China exported a total of titanium dioxide 298 in the first half of 2015. 651 tons, down 2.06% year-on-year, and the average export price was USD1,864/t, down 8.42% year-on-year. DuPont, Huntsman and other international companies successively lowered the prices of their titanium dioxide products, leading to the obvious cost-performance advantage of Chinese titanium dioxide based on the world market. This was the main factor that caused the export volume to decline in the first half of this year. In addition, the global macroeconomic environment is depressed, and the market demand for titanium dioxide with high macroeconomic correlation has also slowed down.
Titanium dioxide is an indispensable white pigment on the earth. At present, there is no substitute for any substance. Therefore, the characteristics and ubiquitous applications of titanium dioxide determine that it is bound to be closely related to the world economic production.
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