The trend of titanium dioxide has been spectacular. Last year, the price of titanium dioxide fell sharply from 20000 yuan/ton to 1400-17500 yuan/ton from the false rise after the mask was released. When everyone was expecting the titanium dioxide to fall again, on February 1, the major manufacturers adjusted the price one after another. The current price, whether Rutile Chloride process, sulfuric acid, anatase, rose by 1000 yuan/ton, What changes have taken place in the industrial chain of titanium dioxide prices, which have fluctuated like a roller coaster?
The main reason for the price increase of titanium dioxide is due to upstream raw materials such as titanium concentrate, sulfuric acid, and natural gas. Since last year, due to multiple factors, the price of titanium concentrate has remained high, leading to a significant increase in the cost of raw materials for titanium dioxide. The products produced have always been on the cost line, and titanium dioxide enterprises have continued to support it until now. The pressure on operating costs for titanium dioxide enterprises has continued to increase, leading to price adjustments.
2022 is a challenge for all upstream and downstream enterprises. For the paint market, due to various factors leading to the downturn in demand in the paint market, paint enterprises have to endure the phenomenon of high costs and "losing money" to sell paint. Many enterprises can not directly look at their Income statement.
In 2023, due to the relaxation of epidemic prevention, it is understood that multiple leading companies in coatings, plastics, and new energy have started normal operations. With policy support from multiple regions, downstream demand is expected to bottom out and rebound, and the industry may gradually recover.
With the economic recovery in multiple directions, the recovery of the real estate market will drive the demand for coatings to rise. Automotive coatings and new energy coatings will be a new track. Through the product verification of titanium dioxide, many coating enterprises are using titanium dioxide with relatively high requirements as raw materials to improve the quality of the coatings themselves. They believe that independent paint brands are interested in the needs of the paint market with high requirements, This type of coating may also become one of the main profit sources for their respective main brand coatings. Through multiple industry information verification, the coating market demand may significantly improve in 2023.
The suggestion for downstream application manufacturers of titanium dioxide is to wait for 15 days and make a judgment based on the existing target planning, order requirements, and production situation of their own factory. You can also contact Liangjiang to provide you with certain information and judgment.