Double Price Increase Again! Titanium Dioxide Companies Collectively Issued A Price Adjustment Letter

Aug 13, 2021

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Titanium dioxide has undergone multiple rounds of price adjustments in the first half of the year. At the end of the off-season, several companies have announced price increases one after another!


On August 12, 2021, Gimpo Titanium Industry announced that based on the recent continuous increase in the price of titanium dioxide raw materials and market conditions, the company’s research and decision, from now on, the company’s anatase and rutile titanium dioxide prices will be based on the original price. , To increase RMB 1,000/ton for various domestic customers and USD 200/ton for international customers.


On August 12, 2021, Anhui Ananda Titanium Industry Co., Ltd. issued a notice on the price adjustment of titanium dioxide, stating that based on recent market demand for titanium dioxide and the increase in raw material prices, the company decided that from now on, the company will increase the rutile type. And the price of anatase titanium dioxide, the domestic trade price is raised by 1,000 yuan/ton, and the foreign trade price is raised by US$200/ton.


On August 12, 2021, Guangxi Jinmao Titanium Industry Co., Ltd. issued a notice on the price increase of titanium dioxide, stating that according to the current market situation of titanium dioxide and the increase in raw material prices, and limited electricity, the delivery time of orders is affected by multiple factors, which have been studied by the company. It was decided that from now on, the sales price of the titanium dioxide series products produced by the company will be raised by 800 yuan/ton on the basis of the original price.

Picture On August 12, 2021, Jiangsu Zhentai Chemical Co., Ltd. issued a notice of titanium dioxide price adjustment, stating that based on the substantial increase in raw material prices and the current market situation, the company’s price committee decided to increase the price of all types of titanium dioxide from now on. Price: The domestic sales price is raised by 1,000 yuan/ton, and the foreign sales price is raised by US$200/ton.


On August 12, 2021, Panzhihua Haifengxin Chemical Co., Ltd. issued a notice on the price adjustment of titanium dioxide, stating that due to the increase in the price of raw materials, the manufacturing cost of titanium dioxide has risen sharply. Based on the actual situation of the company, the company decided after research: from now on, the rutile series of titanium dioxide produced by the company will be increased by 1,000 yuan/ton on the basis of the current price.


China Nuclear Titanium Dioxide announced in the afternoon on August 11 that based on recent titanium dioxide market conditions and raw material price increases, the company’s price committee decided to increase the company’s various types of titanium dioxide from now on, based on the current sales price of titanium dioxide. selling price. Among them, the sales price for domestic customers is raised by RMB 1,000/ton, and the export price for international customers is raised by US$200/ton.


On August 10, 2021, Longbai Group Co., Ltd. issued a notice of titanium dioxide price adjustment, stating that according to the market demand for titanium dioxide, the increase in raw material prices and other factors, after the company’s research and decision, from now on, the company’s various types of titanium dioxide (including The sales price of sulfuric acid method titanium dioxide and chloride method titanium dioxide) will be raised by US$200/ton to downstream customers on the basis of the original price.


Industry analysis believes that at present, domestic and foreign enquiries have increased, mainly reflecting the exhaustion of some large customers or users who had stocks before, and gradually a new round of procurement cycle, although deep in the low season of the industry, flexible demand has gradually shifted The trend of rigid demand, but there is still demand, but the purchasing psychology is more cautious. Future price trends still depend on the manufacturer's inventory and downstream demand from August to early September.


There are different reasons for price adjustments, but no matter how from the perspective of the manufacturer's supply side, they are more willing to increase prices. In the short term, manufacturers often adjust operating rates and ex-factory prices based on their own orders and inventory conditions. The price span of rutile titanium dioxide has a shrinking trend. A wave of small-scale increases or arouses part of the elastic demand for peak season stocking, "fragmentation" "Demand has the possibility of turning zero into a whole. At this critical point, the titanium dioxide price market is likely to be firm.


Source: Mobile Public Account

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