Titanium dioxide repeatedly new high! Price increases are a foregone conclusion!

Release date：2021/06/03

First, the price adjustment background

Since 2021, with the serious epidemic situation overseas and the difficulty in obtaining the first cabin in the shipping market, the imbalance between supply and demand in the raw material market has been caused in the short term, and the price of raw materials has risen.Below the tide of rising in price of raw materials with this feral momentum, titanium dioxide serves as manufacturing coating, the value also rises subsequently.These two days, titanium dioxide ushered in a new round of price increases.

Second. Industry situation

Mark Newman, COO of Chemours, the world's largest titanium dioxide producer, recently told ICIS that "the global recovery in titanium dioxide demand is still in its early stages, with growth across multiple industries and in most regions.It is expected to invest more in infrastructure in 2022 to meet future market demand growth and is optimistic about the breadth and sustained momentum of the market recovery."

At the same time, Kemu, Konos, pan-energy extension three international titanium dioxide giants have recently issued a price increase notice, the increase in 1200-2000 yuan!Part of the domestic titanium dioxide enterprises also follow the trend issued a price notice.

Third, the future trend

Many people say that the current ups and downs of the market than 2020 "black swan year."Last year we tried to consider the disease to their impact, business can not continue, and since the beginning of this year's rally in changhong raw material, as well as the ongoing international geopolitical conflict, high and volatile oil, as well as overseas outbreak kickback caused disruption to supplies of southeast Asian nations, is not only the cost of pressure,More caused the supply and demand of raw materials serious imbalance.Facing the increasing cost and pressure, enterprises can only bite their teeth and try to transfer the cost pressure to the downstream by raising prices, so as to alleviate the crisis brought by multiple factors.

 Four, how do we respond

In the face of such a tense domestic and foreign industry situation, Bai Xing Union will continue to improve the quality of its products and services, and actively strive to expand the domestic and overseas markets, in order to adapt to the changing market environment.