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For China, the titanium dioxide industry from 2004 to 2005 is a situation in which there are both fears and worries. Both the prosperity of the market and the pressure of environmental protection. From the State Environmental Protection Administration to the provincial and local government departments, many titanium dioxide companies that have failed to meet the standards and discharged 'three wastes' have been exposed and handled, including more than ten domestic famous titanium dioxide enterprises. The measures for processing have been limited to production, production shutdowns and closures. The industrial development control policy formulated by the National Development and Reform Commission also makes the blind expansion of the domestic titanium dioxide industry subject to strict restrictions, and the expansion rate of the industry's production capacity is far below the expected value. The actual growth rate of titanium dioxide production in the country is also much lower than in previous years.
Another factor that affects the price of a product is the change in the market. In 1994, the national titanium dioxide import volume was 251,000 tons, and the total titanium dioxide output of the country was 94,000 tons, which was the highest in the calendar year. However, in 2005, there was a dramatic reversal of the situation: monthly imports of titanium dioxide rose slowly or declined. From January to November, a total of 208,000 tons of titanium dioxide was imported from the country, down by 22.9 million tons from the same period of last year. 10,000 tons, a drop of 9.2%. From January to November, the total amount of titanium dioxide exported nationwide was 143,000 tons, an increase of more than 70% from 84,000 tons in the same period of last year. Changes in the import and export situation have, to a large extent, affected market conditions and have directly caused a reduction in the supply of goods in the domestic market. As a result, prices of domestic titanium dioxide, especially anatase products, have also been on the rise.
In the international market, since 2003, the healthy development of the world economy, including China, has increased the demand for titanium dioxide, making the global titanium dioxide market continue to strengthen. In addition, the rising costs of energy and raw materials have caused producers to raise prices several times. Only in the past 2005, the price has gone through four increases. The implementation dates are January 1, April 1, and July 1 respectively. On the 1st and October 1st, the price increase ranged from 100 to 150 US dollars. That is, starting from 2005, the price of titanium dioxide rose by 100 to 150 US dollars per quarter. The current international market price of titanium dioxide is roughly 2200 ~ 2300 US dollars, reaching a high level in recent years.
In addition, for the past two years, the United States, Komeiji, and Huntsman, the three titanium dioxide producers in the world that ranked second, third, and fourth, have all closed down a sulfuric acid method due to economic and environmental costs. Titanium dioxide plant, and since 1996, DuPont set up a production plant in Taiwan, China, the world's major titanium dioxide manufacturers have not yet established a new plant. Except for China, the production capacity of titanium dioxide in the world for the past two years has been increased through the 'de-bottlenecking' of existing installations, which is often referred to as technological transformation.
At present, the world's three largest market for titanium dioxide end-users are: the amount of paint / paint on titanium dioxide accounted for 58% to 60% of the total market, plastics accounted for 21% to 23%, paper accounted for 11% to 12%. In recent years, industries such as automotive, communications, construction, and transportation have pioneered the development of the titanium dioxide industry. In particular, white or light colors have become a popular color for automotive coatings, and not only have higher requirements for the quality of titanium dioxide used, but also have significantly increased in quantity. Therefore, according to the prediction and analysis of foreign media in the near future, within a certain period (3 to 5 years) in the future, the world's titanium dioxide industry will continue to grow overall, with an average annual growth rate of around 3%.
China's domestic titanium dioxide market is still under tight supply, especially for anatase products. This is because the proportion of anatase in imported products is less than 20%, and the industries that are limited or discontinued in the industry are basically anatase. product. In this context, the adjustment of titanium dioxide prices this year is a matter of course.
Since January 1, 2006, the world's major titanium dioxide producers such as Midland, Huntsman, etc. have once again raised the market sales price of their titanium dioxide products. The price increase range varies from 100 to 150 US dollars (T). Price, the same below. At the beginning of the new year of 2006, the titanium dioxide market experienced a global price increase, and the domestic market also experienced a clear shock wave.