In recent days, domestic titanium powder companies have raised their prices again, and the second round of titanium powder prices opened in 2024. On 20 february, the lon-bong group, the hue yuntian industry, announced an increase in the sale price of various types of titanium powder on the same day. On 21 february, the chinese nuclear titanium whites were raised to the prices for all types of titanium powder, and on 22 february, annada was officially raised to the prices for titanium powder。
According to the bulletin, the domestic customers of china's nuclear titanium whites and annada's various types of titanium powder were raised by 700 yuan/t, and the international customers ' prices by 100 dollars/t. According to annada, after the first rotation price and the current price adjustment on 20 january, the base price of the company's domestic sales of gold, red graphite and titanium powder increased cumulatively by 1,400 yuan/t, and the base price of foreign trade sales increased cumulatively by $200/t。
Two factors drive the price increase
According to data from the dreixtre information monitoring, as at 21 february, the price of gold, red-stone titanium powder in the chinese market was between $16,000 and $16,800. On the east china market (kangsu), sharp titanium powder prices range from $13,700 to $14,500/ton and gold graphite titanium powder prices range from $15,500 to $16,300/ton. Since august 2023, the average price of titanium powder has increased from around $13,000 to 14,100 per ton at present; the average price of ricket titanium powder has increased from $15,500 to 16,000 per ton at present。
According to interviews with journalists, the reasons for the round increase were essentially the same as in january's first round, i. E., cost support and hot exports。
In an interview with a journalist in the daily securities journal, anada's relevant officials stated that cost push was a factor, and that another factor was export orientation, with domestic leading firms taking the lead in raising prices。
“the recent increase in the price of titanium concentrates has supported the increase in the price of titanium powder.” according to the above-mentioned officials, in terms of exports, the indian and european markets have a greater impact on the exports of leading firms, and when domestic leading firms raise prices, other firms will follow suit。
It is understood that titanium powder is more than half the price of titanium powder for raw materials. The price of titanium concentrates, though volatile, is stronger, influenced by the oligarchic market. In contrast, the price of sulphuric acid is more volatile, and business association monitoring data indicate that the average domestic market price of sulphuric acid is currently 8. 67 per cent higher than it was before the spring。
In an interview with the daily securities journal, wang zhang feng, the chief analyst of the syndicate chemical industry, said, on the one hand, that the price of titanium concentrates had been rising steadily since the end of 2023; on the other hand, the demand for paint and paint in some overseas markets had been increasing, the exports of titanium powder had remained high and some producers abroad were raising prices, leading to a recent increase in the price of titanium powder。
According to sun weng jing, the increased risk of maritime transport on the international market has also stimulated a significant number of overseas clients to increase their orders in advance. “according to the current adequacy of international market orders, the market supply end has been converted into a list of missing items, so that domestic manufacturers have increased the price of new orders to mitigate the rising cost pressure of synchronization.”
Spring prices are expected to continue rising
In general, in enterprises downstream of titanium powder, the re-entry programme for paint enterprises, which is scheduled to take place in march, is still low and uses of titanium powder are limited. The plastics industry, on the other hand, started work in late february, and the use of titanium powder increased in march. As a result, titanium powder purchases entered the boom in march and april。
“the price rises and falls per ton of titanium powder have had a significant impact on us. As a result, companies have maintained the concept of low-stock marketing. Company stocks have been low for the last two years, and titanium powder production has been sold at 100 per cent.” the directors of annada further indicated that the prices of hot season titanium powder were expected to continue to depend on the production of domestic producers and on changes in international markets。
Sun weng jing believes that the recovery of the spring titanium industry will result in a marked increase in market consumption and an acceleration in the pace of company deliveries. With the same expected increase in raw materials prices, the real deal of titanium powder is expected to move forward gradually, with the expectation that stability will be maintained after the high price levels reached in april。
Wang has made it clear that, in the short term, the price of titanium powder is expected to remain high and that the price centre is expected to move forward gradually compared to 2023, influenced by the high price of titanium concentrate, the warming of domestic demand and the continuing high export growth。
