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Home > ChemNews > Monthly Overview of China Titanium Dioxide Market (August 1- August 31)

Monthly Overview of China Titanium Dioxide Market (August 1- August 31)

clock2016-08-31

In the beginning of this month, Sichuan Lomon announced a price rise of rutile titanium dioxide products at ¥500/tonne for domestic customers, ¥300/tonne for resellers, $50/tonne for foreign customers effective immediately. This price increase trend was followed by more than 20 TiO2 producers including Billions, Ningbo Xinfu, Jinpu Titanium, Annada, and some producers of anatase titanium dioxide.China TiO2 market

Influenced by the strict environment inspection and the launch of G20 Summit, the operation rate of domestic titanium dioxide market this month has decreased obviously. In the meantime, the high price level of the raw materials and the tight spot supply pushed most TiO2 producers to sell inventories at higher prices.

Shandong Doguide even raised the prices of titanium dioxide twice in the last month, which led the tenth price hike for the domestic titanium dioxide market since the beginning of 2016. However, due to the weak domestic demand, most producers have not followed up the price rise, but to positively settle down the price rise that was made several months earlier. OKCHEM believes that although most producers are eager to follow up the price rise trend, they will make further movements at the beginning of September.

The main contract prices of rutile titanium dioxide this month are raised up to CNY11800-13500/tonne ($1810-2071). But for anatase titanium dioxide, the main contract prices are kept at CNY 8800-9800/tonne ($1350-1503) with a lower power in price execution and bigger selling pressure due to the lack of export advantages and decreasing domestic demands.

In the second half of this month, some major producers of TiO2 such as Tronox, and Cristal, raised their titanium dioxide prices that have given advantages to China titanium dioxide market. The market is more confident on the global titanium dioxide market for the coming September. Most producers are enthusiastic about the future of domestic TiO2 market, which supports the former raised prices being settled down fluently.

 

Top 15 Titanium Dioxide Manufacturers from China (Output of August 2016)

ManufacturersCapacity (Tonne)Operation StatusOutput of Aug. (Tonne)
Lomon350,000Normal28,000
Billions260,000Full15,000
CNNC300,000Normal19,000
Doguide160,000Normal10,000
Bluestar140,000Decreased7,000
Jinmao100,000Normal6,000
Dawn90,000Normal9,000
Xinfu120,000Normal4,000
Pangang160,000Normal10,000
Yunnan Dahutong120,000Normal4,000
Jinpu140,000Normal4,000
Annada120,000Normal4,000
Jinhai80,000Normal7,000
Panzhihua Taihai80,000Recovered6,000
Huiyun55,000Half Stopped2,500
Total2,275,00087%135,500

*The manufacturers are ranked by the total TiO2 output of 2015.

 

If you are interested in the precise stats of China titanium dioxide trading activities in 2016, please follow our Linkedin Page or contact us directly!

 

Iran: Michael Xu, +98 9033268135

sales-ir@okchem.com

Brazil: Vincent Chen, +55 41 98981657

sales-br@okchem.com

US: Jerry Qian, +1 201-3986307

sales-us@okchem.com

Egypt: Livy Hong, +20 01210964039

sales-eg@okchem.com

Nigeria: Willa Jiang, +234 8170283285

sales-ni@okchem.com

Mexico: Claudia Guo, +52 55 2881 8423

sales-mx@okchem.com

 

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