1、 Price trend
| Melamine |
Taking the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example, the price of titanium dioxide is stable this week, with an average price of 13533.33 yuan / ton.
2、 Market analysis
From the end of June to the beginning of July, titanium dioxide enterprises successively issued price adjustment letters. According to incomplete statistics, 27 mainstream titanium dioxide manufacturers have issued price increase notices, including Panzhihua Hengtong titanium industry, CNKI titanium dioxide Co., Ltd., Ningbo Xinfu Chemical Industry Co., Ltd., Jinpu Titanium Industry Co., Ltd., Panzhihua Dongfang Titanium Industry Co., Ltd., Yunnan Dayong Communication Co., Ltd., Guangxi Xilong Chemical Industry Co., Ltd. and longmang Bailian Group Co., Ltd. have successively announced price increases, with the mainstream range of about 500 yuan / ton. From the current price implementation of each manufacturer, it has basically realized the effect of stopping falling and a small rebound of some models. It has played a positive role in boosting the domestic price market and has a positive impact on the stability of titanium dioxide market confidence.
| Azodicarbonamide (AC foaming Agent) |
According to customs data, from January to may 2020, China exported 485800 tons of titanium dioxide, an increase of 22.02% compared with the same period in 2019. Among them, the export volume in the first quarter was 331300 tons, accounting for 42.81% of the total output data; the export volume in April and may was relatively obvious, with the export volume of 88100 tons and 66500 tons, respectively, accounting for 30.06% and 24.54% of the total output data. The main reasons for the change in export volume are: poor domestic demand in the first quarter, manufacturers’ trading focus tends to export, and the outbreak of overseas epidemic in the second quarter, leading to the reduction of exports.
At present, with the control of the epidemic situation in various countries, the downstream demand will gradually recover, the trading situation will be improved compared with the previous period, and overseas orders will gradually flow back. Driven by the demand, the price of titanium dioxide will stop falling and rebound. This week, the price of titanium dioxide remained stable. The factory price of domestic rutile titanium dioxide with tax was 12000-14500 yuan / ton, that of anatase titanium dioxide was 10300-11800 yuan / ton, and that of chlorination titanium dioxide was 15500-20000 yuan / ton.
In terms of raw materials, this week Panxi area titanium concentrate price high operation, titanium ore supply shortage, some mining enterprises suspended external quotation. Up to now, the tax free quotation of 38 grade titanium ore is 920-960 yuan / ton, 46 grade 10 titanium concentrate is 1380-1450 yuan / ton, and 47 grade 20 titanium concentrate is 1300-1400 yuan / ton. The cost of raw ore and titanium middlings has been boosted step by step, and the price of titanium concentrate has been firm and upward. In addition, the outflow of spot goods has declined and the main downstream titanium dioxide has rebounded against the trend, so the miners are reluctant to sell.
3、 Future forecast
Titanium dioxide analysts believe that: titanium dioxide market leader rose, some of the market titanium dioxide model tension, price rebound. At present, the price of raw materials is tense and high, and the cost pressure of titanium dioxide increases again. It is expected that the market price of titanium dioxide will gradually rise on the basis of stable market price in the short term.
| Sodium Molybdate |