CHINAPLAS has a good effect, but the long-term market price of titanium dioxide remains to be observed

In late April, the titanium dioxide price market was in a period of temporary stability after a price increase. After more than 20 manufacturers announced a price increase last week, many manufacturers are now implementing price increases. Unlike the previous hot market situation, users have significantly slowed down their acceptance of this round of price increases. Some users have raw material reserves in the early stage, so they currently have no purchasing intention. Another group of essential users have a strong desire to lower prices for new orders, and they are also a bit overwhelmed by such frequent and significant price increases.

Prices continue to remain firm, and the wave of price increases has passed for a week. Some manufacturers are still in a state of order closure, with a strong wait-and-see attitude. New order quotations are very cautious, mainly considering the cost of raw materials such as sulfur and sulfuric acid, to avoid paying low price orders with high priced raw materials. In fact, from the perspective of overall operating rate, it is on the rise. Although some large producers have reduced production and restricted production, most small producers are operating at full capacity in order to deliver early orders as soon as possible and ensure the current pace of order taking, especially for exports.

This week, there are still some manufacturers placing orders for shipment, and the shortage of spot goods is still quite obvious. Although the acceptance rate is not as high as before, the market's new order prices are still relatively firm, and the price premium of some scarce spot goods is obvious.

At present, the domestic trade orders of various manufacturers have slightly contracted, while overseas exports are still relatively active, which has a certain support effect on the price market. This unilateral strong driving force of foreign trade can exceed 50% of the shipment volume. Even if some manufacturers do not accept orders in domestic trade, they can still ensure their shipment volume through foreign trade alone. In addition, the prices of raw materials sulfur and sulfuric acid continue to remain strong, indicating that there is still a possibility of slight price increases for various producers.

The highlight of this week's downstream market is the 4-day CHINAPLAS, and HYYCHEM Group has also been invited to participate. From the exhibition situation during these 4 days, there are still many customers in domestic and foreign markets. According to official data, this year's rubber and plastic exhibition also has an unprecedented number of people. There is a voice that says all the suppliers encountered at the exhibition are suppliers, and there are very few real downstream users. From the situation of the exhibition booth, it can be seen that more downstream users come from both domestic and foreign sources, and the overall proportion of overseas users has also greatly increased. In fact, the effectiveness of participating in the exhibition depends more on one's own preparation, including on-site communication and the compatibility between products and users. From the perspective of the on-site situation, there has been a lot of harvest.