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What is the real reason of chinese tio2 soaring?
2020-11-03

The tio2 price recovery is now thought to have started a bit earlier ,There have been more than 20 manufacturers have been closely promoted price,The range is 100-150usd/ton,The rising momentum is very strong.,On the one hand, export orders are still good,the domestic market remains tight,On the other hand, the market from raw titanium ore strong rise,The market mainstream actual single price has reached 300usd/ton (excluding tax) or so, and the price of a few orders has broken through 350usd/ton (excluding tax).

As mentioned above,We think that titanium dioxide this wave of price rise mainly for the following two reasons: the first reason、amount of foreign trade is huge.According to the statistical data provided by the General Administration of Customs,The cumulative export volume of titanium dioxide from January to September 2020 is 889540.01 tons,A year-on-year increase of 19.98%,It is believed that under the epidemic situation in 2020, China's titanium dioxide exports will reach an all-time high, estimated at nearly 1.2 million tons.That's 37.3 percent of the 3.18  Milliomillion tons produced in 2019.
   
The second reason,Titanium ore price increase 200usd/ton (excluding tax). in early mid-june .in the end of Oct.titanium ore price reach to 300usd/ton(excluding tax) .rise by 69.57%.It is cause tio2 price increase 300usd/ton at least .
Market trends and forecast
Tanium dioxide price market firm this week.We think Supply has been tight for several months,tio2 ore price raise up .sulphate rutile grade tio2 reach to 2380usd/ton about .

The spot market remains tight.order cofirm order until Dec.In the short term ,The tio12 price difficult to drop .