Rising costs and tight supply and demand into two major incentives for the price increase of titanium dioxide

Several major global titanium dioxide producers have stated that they will once again raise the selling price of titanium dioxide, such as Koster, DuPont, Huntsman, Teno, Kronos and other companies.

Zhong Yingzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that the market supply of titanium dioxide in the world is relatively tight. Recently, the sales price of titanium dioxide by international titanium dioxide producers is on the one hand due to the increase in raw material prices, and on the other hand due to downstream coatings and other fields. Demand for titanium dioxide increased. It is expected that in the future, due to rising costs and tight market supply and demand, the sales price of titanium dioxide worldwide will continue to increase.

At present, the inventory of titanium concentrates is relatively low, and the market supply is relatively tight. The prices of titanium concentrate producers continue to increase, and prices are now rising. Therefore, the rising prices of raw materials such as titanium concentrates and ** will make the production costs of titanium dioxide greatly increase, thus prompting related companies to increase the selling price of titanium dioxide. According to relevant data, the price increase of titanium dioxide raw materials will be a long-term trend, and it is expected that the price of titanium dioxide raw materials will increase by about 20% in 2012.

On the supply side, according to the Investment Analysis and Forecast Report for the China Coatings Industry 2010-2015 issued by the China Investment Advisor, it is shown that some titanium dioxide producers in the United States, Europe and other places in recent years are permanently affected by operating costs and environmental issues. Closed part of the production capacity. Moreover, due to the shortage of titanium ore and the suspension of production and overhaul for some plants, the inventory of titanium dioxide is insufficient, and the market supply of titanium dioxide in the world is relatively tight.

In terms of demand, titanium dioxide is currently mainly used in coatings, plastics, pharmaceuticals, food, ink, paper, chemical fiber and daily chemical fields. In recent years, coatings and other industries have developed rapidly and the demand for titanium dioxide will increase. According to relevant data, the current global consumption of titanium dioxide in the paint sector accounts for about 60% of the total. It is expected that with the rapid development of coatings and other downstream industries in the next few years, the global demand for titanium dioxide will be 3-4% per year. The speed of growth.