【China Titanium Dioxide Net】

　　1. Market analysis

　　The end of March and the beginning of April, the titanium dioxide price market has basically remained stable, the trading market sentiment and the supply-side order volume are basically the same as last week, and some time periods have slightly increased. Mainly due to the public health incident, some customers with fixed consumption are worried that logistics and transportation will be limited. At the same time, they have prepared inventory in advance for the Qingming holiday. Therefore, most of the supply side is dealing with logistics and delivery this week, and some of them are new orders. The other part is for orders 1-2 weeks before delivery. On the whole, the shipment volume has maintained a continuous state of new and old orders, and the overall shipment status is relatively normal.

　　At present, the trading market has three characteristics: the main large-scale manufacturers have more obvious spot orders, especially the southwest production base; Due to the suspension of production for various reasons, a large number of customers are currently out of stock, and terminals are frequently looking for goods. The long-distance adjustment of goods in South China and East China is more obvious. Overall, most producers' inventories are still not built up. In addition, the prices of raw materials and energy products such as titanium concentrate, sulfuric acid, sulfur, and natural gas remain high, and the cost is supported. The firm sentiment of producers is still relatively obvious. In addition, on March 31, Chemours announced that starting from May 1, the price of titanium dioxide sold in China will increase by $200/ton. It has been rising for two consecutive months, with a cumulative increase of 400 US dollars / ton, which has played a certain bullish role in the periphery of foreign manufacturers.

　　The price of titanium dioxide is at a high level, and the price of most actual orders has already exceeded the 20,000 yuan / ton mark. Although the acceptance of the high price by the terminal has improved, it is still relatively high. The cost is Alexander, and the weak sentiment is strong. In addition, after all, March overdrafted part of the demand in April, and now it is only an obvious effect of moving the library. In fact, most stockholders keep low profits and buy goods, and at the same time bear the "clamping gas" of manufacturers' price increases and downstream purchases. In such a confrontational mood, a smooth price advance may be acceptable to both producers and end users.

　　With the increasingly severe situation of the public health incident in East China, the logistics and transportation conditions have become more stringent, and the driver's nucleic acid report has become a necessary "certificate". Even so, the local temporary policy changes are very fast. Just a reminder, if you have a purchase plan to arrange it as soon as possible, as long as it can be shipped, the high freight and slow timeliness are all small cases.

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　　At present, the mainstream quotations of most domestic sulfuric acid rutile and anatase titanium dioxides are 19,800-21,500 yuan/ton and 18,500-19,800 yuan/ton, and domestic and imported chloride-method rutile-type titanium dioxides are differentiated by use. The mainstream price is 23,500-26,000 yuan. RMB/ton and RMB 30,500-32,000/ton (the above are all cash ex-warehouse prices including tax).

　　2. Market outlook forecast

　　This week, the domestic titanium dioxide price market has stabilized at a high level. Yang Xun, an analyst of Yan Titanium and titanium industry, believes that: March has ended, the price market is relatively flat, and the most exchanged spot market is logistics, mainly due to public health events in East China, South China, etc. The logistics of important areas are limited. Under this situation, high freight and slow timeliness are not the worst things. In the short term, there is a serious long-short confrontation in the price trend in April, and the market price also rises and falls. Under the influence of multiple factors, a slightly firm high level consolidation may become an acceptable result for both supply and demand. The specific market trend is still for reference. The latest price policy after the Qingming holiday of Dragon Enterprise, the price of the actual order is still a single negotiation based on the order, the quantity, and the form of payment.