South African riot will influence the global TiO2 market

Rio Tinto announced on December 4 that Rio Tinto Group announced that it had suspended its mining operations and expansion projects at Richards Bay Minerals in South Africa due to escalating violence in surrounding communities. Suspended. This event will directly affect the global titanium raw material market, especially the future trend of the high slag raw material market of chlorinated titanium dioxide. At the same time, the production of titanium slag by the Norwegian titanium slag production plant is not very smooth, so the future titanium slag market is very severe and tight. The price of raw materials for chlorinated titanium dioxide will remain high in the future, and the production cost of chlorinated titanium dioxide will continue to increase. After China’s titanium dioxide market entered the traditional off-season, two divergences occurred. Some manufacturers carried out price increases due to the cost of raw materials, while other manufacturers threw out goods in order to clean up some inventory. However, under the pressure of high-priced raw materials, most of China’s titanium dioxide manufacturers are not willing to conduct price reductions but instead enter the state of parking and maintenance. At the same time, most titanium dioxide manufacturers’ products are relatively tight, and titanium dioxide products are out of stock in the market. The situation is still very grim, so in the traditional off-season, some manufacturers announced price increases, of which two chlorinated titanium dioxide manufacturers announced a price increase of 80-100usd, and another sulfated titanium dioxide manufacturer announced a price increase of 50usd.

Future market judgment:

TiO2 market analysis 20191131

First, Market Analysis

It was almost completed in November. It was identified as a weak titanium dioxide market after the Shanghai Coatings Exhibition. The end market has severely reduced prices, and the price market has become increasingly clear. Some manufacturers have adjusted their prices after the meeting. Panzhihua Haifengxin Chemical announced a rise of 200 yuan / ton against the trend, which aroused the attention of many people. The main reason for the increase is the high cost of raw materials and the shortage of spot supply in the market. The force is not strong, and the initial intention is obvious.

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Some industry giants announced price increases.

On the evening of September 3, CNNC HUAYUAN Titanium Dioxide Co., Ltd and Lomon Billions both announced that they raised the price of various types of titanium dioxide in the company, raising the domestic sales price by RMB 500/ton and the export price by USD 50/ton. The announcements all indicated that the adjustment of the price of this product will have a positive impact on the overall performance of the company.

At the beginning of August, the sales price of titanium dioxide has experienced a wave of rises. Companies such as CNNC HUAYUAN Titanium Dioxide Co., Ltd and Lomon Billions have announced that they will raise the price of their products. The domestic price will increase by RMB 500/ton, and the international customers will increase by RMB 50-80/ton.
lomonbillions announced price increases
Chinese titanium dioxide manufacture announced price increases

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