The price increase in the domestic titanium dioxide market continues!
On January 9, 2021, the leading titanium dioxide company Lomon Baili announced that the sales price of the company’s various types of titanium dioxide (including sulfuric acid method titanium dioxide and chloride method titanium dioxide) will be increased by RMB 500 to various domestic customers based on the original price. Ton, USD 100/ton will be raised for various international customers.
Subsequently, another mainstream company, China Nuclear Titanium Dioxide, also issued a price increase announcement, raising its sales price to domestic customers by RMB 500/ton, and its export price for international customers by USD 100/ton.
On the evening of January 11, Ananda issued an announcement stating that according to the current continuous increase in the prices of raw and auxiliary materials and the domestic and international titanium dioxide market demand, the company decided to increase the sales price of its main products from January 12, 2021, rutile type The domestic sales price of titanium dioxide and anatase titanium dioxide are both raised by 500 yuan/ton, and the export price is raised by US$100/ton. So far, on the basis of the price increase on October 28, 2020, the company has increased the prices of main products three times. The prices of rutile titanium dioxide and anatase titanium dioxide have been increased by 1,700 yuan/ton, and the export price has been increased by 300 US dollars. /Ton.
On January 12, 2021, Huiyun Titanium Industry announced that the company's price committee decided to increase the price of the company's titanium dioxide based on the current price of titanium dioxide from now on. Among them, the sales price for domestic customers is raised by RMB 500/ton, and the export price for international customers is raised by USD 100/ton.
Some small and medium-sized enterprises reacted even faster, and prices began to increase around New Year's Day.
With the general price increase of leading companies, the price increase trend of this round of titanium dioxide industry is basically determined, and the market ushered in a wave of concentrated price increases.
Source: Mobile Public Account
