The Price of Titanium Dioxide may Continue to Rise
Titanium dioxide price market mainstream in the smooth period after the rise, major stockholders shipped faster, the state of the order is still acceptable, the inventory position is low, the price of new orders may continue to rise. Following the announcement of some leading enterprises, most domestic producers have raised factory prices, the market is also gradually digesting the fact of the price increase, the terminal transaction prices of different magnitudes upward, also indicates that the end users are gradually accepted.
The main raw material titanium ore due to continued tension in the spot, the price has always been in a firm state, and there is a tendency to continue to rise. The titanium dioxide producers cost pressure is still greater, in view of the current rate of increase and price level, the actual producers did not solve the status quo in the cost line hovering and loss, so the expectations of renewed sentiment is still relatively strong. Therefore, the February 22-24 Guangzhou International Coating Exhibition is particularly critical, more directly understand the supply and demand side of the production, sales and inventory, etc., do not rule out the possibility of more favorable again after the coating exhibition, February's price increases may be tamped.
In fact, the initial reversal of the market need a gradual process of acceptance, because the feedback given by the terminal market is mostly unable to rise, the price quoted by the supplier is always high. After a period of accumulation, only to get a certain degree of digestion, the user was able to release stock, which is actually a kind of shifting effect. In the price cycle, this shifting may be a certain degree of overdraft market demand, but with the weather warming, the arrival of the "golden March and silver April", not only the plastics industry and the coating industry terminal demand will gradually release, exports are also the same, the overdraft demand may get a large area to make up.
