The titanium dioxide market may enter a seller's market

"Recently, after the company raised the price of titanium dioxide twice, orders increased rapidly in the first quarter, and both production and sales were at a high level." A person from Longbai Group, the leader of titanium dioxide, told the Associated Press that the current market for titanium dioxide is relatively strong.

In addition to Longbai Group, companies such as CNNC Titanium Dioxide, Huiyun Titanium Industry, Jinpu Titanium Industry, and Anada all announced a price increase in titanium dioxide in March. This has been the second time this year that domestic titanium dioxide companies have raised prices, with a cumulative increase of 2000 yuan/ton, or more than 10%.

According to a reporter from Cailian News Agency, titanium dioxide enterprises have learned that after a downturn of more than half a year, this year, titanium dioxide has come out of the price trough. Firstly, due to cost side transmission, the prices of sulfuric acid and titanium concentrate have increased; The second is the demand side pull, mainly due to the better-than-expected real estate recovery, resulting in a surge in orders from titanium dioxide manufacturers. In the process of accelerating the market reshuffle, industry leaders have expanded production capacity, and the scale advantage has become increasingly prominent; Small and medium-sized manufacturers still have production reductions or losses.

It is reported that titanium dioxide, a scientific name for titanium dioxide, is mainly used in fields such as coatings, plastics, paper making, and ink. Coatings are its largest application field, accounting for approximately 58%. According to the statistics of the Titanium Dioxide Sub Center of the National Chemical Productivity Promotion Center, the total output of rutile and anatase titanium dioxide and other related products produced in China in 2022 reached 3.861 million tons, a record high; However, the increase was only 1.87%, a new low in the past five years. Among them, Longbai Group has the largest production scale, followed by CNNC Titanium Dioxide.

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