International giants have successively raised the domestic price of titanium dioxide or usher in a turnaround.
international titanium dioxide giant Kronos announced that it would raise the price of titanium dioxide products from June, which is the second price increase by overseas titanium dioxide giants in less than half a year. On the other hand, Vietnam will raise the export tariff of some mineral products by 10% from June 19, when the export tariff of titanium ore will be adjusted from the original 30% to 40%. Analysts pointed out that the domestic titanium dioxide after a round of in-depth adjustment has more price advantages, boosted by factors such as overseas price increases and the increase of titanium ore export tariffs
KONOS recently announced that from June 1, 2013, it will meet the needs of precision direct extrusion of plastic products and raise the prices of all titanium dioxide products sold in Europe, Asia Pacific, Latin America, the Middle East and Africa, among which the lowest price increase in Western Europe and Turkey is 200 euros/ton; Raise the price by 10 cents/pound in North America; In Eastern Europe, North America and other regions outside Europe, the price will be increased by $250/ton due to the low risk of establishing recycled plastic particle plants. At present, the quotation of titanium dioxide in China is between 14000 and 17000 yuan/ton, the international price is between 4000 and 4400 dollars/ton, and the price of coating grade titanium dioxide in China is about 21000 yuan/ton
in March before that, KONOS, Huntsman, Coster and Ishihara had a collective price increase, with a range of about 10%, equivalent to $250-300 per ton
according to the news from Vietnam, Vietnam will raise the export tariff of some mineral products by 10% from June 19, and then the export tariff of titanium ore will be adjusted from the original 30% to 40%. Earlier, Vietnam's ban on the export of titanium ore had led to a rise in the price of titanium concentrate, which in turn drove up the price of titanium dioxide
industry insiders pointed out that a very important factor in the price increase of Connors is the strong recovery of the U.S. real estate market in the past year, the sharp increase in demand for paint and coating, and the direct benefit of upstream titanium dioxide. According to the report of the American Association of Realtors, the number of new housing starts in 2012 will increase by nearly 22% compared with 2011, according to data. Although China's real estate investment has contracted in the short term, on the whole, China will maintain a high growth in the field of infrastructure construction in the future, and the demand for titanium dioxide will be good in the long term
insiders said that although there had been international price rises and domestic price falls in the domestic titanium dioxide Market in the early stage, with the continuous price rises abroad, for example, DuPont also raised the price of titanium dioxide by 200 to 500 yuan/ton from May 1, and the price depression of domestic titanium dioxide may soon be filled up, which does not rule out the possibility that the price will turn to shock and rise after May
analysts said that at present, the price of titanium dioxide in China at 14000-17000 yuan/ton is close to the cost line of most manufacturers, and only some large enterprises can maintain operations. Another industry figure believes that keeping pace with the international 10% price increase means that there is room for profit improvement. At present, the growth of downstream real estate, papermaking and other industries has slowed down, and titanium dioxide is generally at the bottom stage, but supported by costs, it is expected that there is little room for further decline