The “golden-sixty” season cycle is approaching, and the chinese nuclear titanium, annada, kimura titanium and hue yunn titanium industries are increasing the price of titanium powder. It is noteworthy that the chinese nuclear titanium, annada and kimura titanium industries announced a rotation price at the end of july。
According to industry sources, the price of titanium powder has fluctuated owing to seasonal demand, but, as prices have been operating at a low level this year, the adjustment has been limited and prices have generally stabilized。
Increased prices
As of 25 august 2023, the hui yuntam industry announced that it would adjust the company's sales prices for various types of titanium powder to the current price for titanium powder. Of these, the sale price of various domestic customers was increased by rmb 700 per ton and the international export price of various customers by us$ 100 per ton。
The midday announcement of 24 august 2023 stated that the sale price of the company's various types of titanium powder had been fully raised. Of these, the sale price of domestic customers was increased by rmb 700 per ton and that of international customers by $100 per ton. The company indicated that it would follow closely the trend in titanium powder prices and changes in supply and demand and make timely price adjustments for titanium powder products. A full increase in the sale price of the company's main product is expected to have a positive impact on the company's performance。
On the evening of 26 july, the chinese nuclear titanium was announced that, as of 26 july, the sale price of the company's various types of titanium powder had been fully increased. Of these, the sale price of domestic customers was increased by rmb 700 per ton and that of international customers by $100 per ton。
On 24 august, annada decided to increase the sale price of the main product, with an increase of 700 yuan/ton in base prices for domestic sales of gold-red stone titanium powder and titanium powder, and $100/ton in base prices for foreign trade sales. Thus, on 26 july, the company again increased the prices of its main product, with a cumulative increase of rmb 1,300 per ton in base prices for domestic sales of ricket titanium powder and titanium powder and a cumulative increase of $200 per ton in base prices for foreign trade sales. The company indicated that the successive increases in prices for the sale of products would have a positive impact on the company's performance, but that the impact of the current price adjustment on the volume of sales was uncertain, the duration of the new sales price was uncertain and there was a risk of product price volatility。
On the evening of 24 august, the kimura titanium industry announced that, as of 25 august 2023, the company's sale price for gold ricket titanium powder had been increased by rmb 800 per ton for various domestic customers and us$ 100 per ton for all international customers; the price for sharp titanium powder had been increased by rmb 1,000 per ton for all domestic customers and us$ 130 per ton for all international customers。
On the evening of 26 july, the titanium industry announced an increase of $600 per ton in the sale price of the company's gold red rock titanium powder and $100 per ton for various international customers, as well as an increase of $1,000 per ton for sharp titanium powder and $150 per ton for various international customers, effective 26 july 2023。
Later prices or stabilization
According to industry sources, the price increase in titanium-based companies is now close to the “golden and silver ten” season cycle, but will depend on actual landing。
According to the latest research by yenfu, the prevailing offer for the sulphuric acid gold titanium powder market is currently 15,000 yuan/tonne-16200 yuan/tonne, while the main offer for the titanium powder market is 12,700 yuan/tonne-14,000 yuan/tonne. The mainstream price of the sponge titanium market is 48,000 yuan/tonne-50 million yuan/tonne. Prices did not change significantly as a whole until january。
In terms of the performance of companies listed in the titanium powder industry, half-yearly performance forecasts and semi-annually reported titanium powder industries have been disclosed as generally underperforming。
The ccnt semi-annual performance forecast for 2023 shows that the company expects net profits attributable to shareholders in listed companies in the first half of 2023 to be between $203 million and $245 million, a decrease of 62. 2 per cent and 54. 38 per cent over the same period. For reasons of change in performance, chinese titanium indicates that, since the third quarter of 2022, the company's current main product, the market for gold-redite titanium powder, has been affected by high price fluctuations in primary raw materials, the gradual release of new production capacity and weak demand in some downstream sectors, with a pattern of “comprehensive supply and demand, declining price phases” and continued to date, with the overall profitability of the industry falling。
In the first half of 2023, the company achieved a total operating income of approximately rmb 1,123 million, a decrease of 18. 32 per cent over the same period; there was a net profit loss of rmb 78,409. 8 million for shareholders in listed companies, and a profit of rmb 4,193. 51 million for the same period of the previous year。
In response to the market developments in the second half of the year, sun weng jing, an information analyst, told the chinese securities journalist that prices are expected to continue at a later stage or to continue the stable tone. The peak season from september to october is either seasonally supported by demand or continues to sustain stable prices. However, late demand is again entering the winter off, and prices are likely to fall when demand is not sufficiently supported. However, price adjustments are expected to be limited, given that prices are operating in low positions this year。
