Titanium dioxide exports soared in the first half

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Titanium dioxide exports soared by 60% in the first half of the year, and concept stocks welcomed speculation

titanium dioxide exports soared by 60% in the first half of the year, and concept stocks welcomed speculation

July 25, 2014

[China paint information] the latest data provided by the General Administration of Customs on July 24 showed that China's total exports of titanium dioxide from January to June this year reached 275366.1 tons, an increase of 56.72% year-on-year. Among them, 50035.995 tons were exported in June alone, with a year-on-year increase of 53.88%

in an interview with China business news, Zhang Yujing, an analyst at Baichuan information, said that the sharp rise in titanium dioxide exports was mainly due to the economic recovery abroad, and the demand for titanium dioxide increased. In addition, the price of domestic titanium dioxide was relatively cheap, and foreign countries chose domestic titanium dioxide production more. According to the data disclosed by her, at present, the transaction price of titanium dioxide in China is about 12800 yuan, while the foreign price is more than 20000 yuan, and the internal and external price difference is close to 7000 yuan

it is noted that due to the positive export demand and other factors, Sichuan longmang group, a leading domestic titanium dioxide enterprise, has raised prices successively since April this year, gradually driving the overall recovery of the domestic titanium dioxide market. Among them, on July 15, the company implemented the fifth price adjustment this year, and its lr-108 titanium dioxide continued to rise by 300 yuan/ton, once again hitting a new high in the year

relevant listed companies also benefit. Honeywell announced to increase the output of low global warming potential refrigerants, foaming agents, aerosols and solvents. The growth rate of export volume in the first half of the year was basically consistent with that of the overall export volume of the domestic industry. From the data of the first half of the year, the company's export volume this year should be greater than the domestic sales volume. "In 2013, the export sales of Bailian titanium dioxide accounted for 43% of the total operating revenue, and the gross profit accounted for more than 50%. Against the background of this year's substantial growth in exports, it is expected that the company's export revenue and profit will account for a higher proportion." Northeast Securities (market, consultation) said in a research report

according to the performance forecast of the first half of the year disclosed by Bailian recently, the company expects that the operating performance of the company from January to June this year will exceed the expectation. Among them, the net profit attributable to the shareholders of the listed company is expected to be 9million yuan. At present, we will reply you 4million yuan at the first time, while the profit in the same period last year is only 1575700 yuan. "In the second quarter of 2014, the production and sales of titanium dioxide, the company's leading product, increased, and the product price stopped falling and slowly rebounded." The company said

Zhang Yujing said that at present, the exports of relatively large domestic manufacturers are relatively good, but due to the depression of the titanium dioxide industry in the first two years, titanium dioxide enterprises, especially small and medium-sized enterprises, lack of funds, and the overall domestic market is not optimistic. "Last year, most domestic titanium dioxide manufacturers lost money. This year, some large manufacturers began not to lose money, and even made small profits." She said

titanium dioxide is mainly used in coating, plastic, papermaking, printing ink and other industries, of which the largest amount of coating is used, accounting for up to 60%. Driven by the huge demand, the production capacity of titanium dioxide industry has expanded rapidly since 2010. Only in 2010 and 2011, the year-on-year growth rate of production capacity reached 32.4% and 20.8% respectively. By this year, the total production capacity of domestic titanium dioxide industry has reached about 3million tons, far exceeding the actual demand

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