Stimulated by news of price hikes from leading companies, the concept of titanium dioxide rose collectively during trading on the 15th. As of the time of publication, Tianyuan Shares and Jinpu Titanium Industry rose the limit, Huiyun Titanium Industry rose more than 6%, Anada and CNNC Titanium White rose about 4%, and Longbai Group rose nearly 3%.

Leading companies raise prices again

On the news side, following Longbai Group and CNNC Titanium Dioxide, Huiyun Titanium Industry and Anada have also announced price increases for titanium dioxide powder. At this point, the leader of titanium dioxide has ushered in the eighth round of price increases within the year.

Huiyun Titanium Industry announced on the evening of September 14th that the company's price committee has decided to increase the sales price of titanium dioxide on the basis of the existing sales price starting from today. Among them, the sales price for domestic customers has increased by 700 RMB/ton, and the export price for international customers has increased by 100 USD/ton.

Ananda announced on the evening of the same day that, based on recent domestic and international demand for titanium dioxide and rising raw material prices, the company has decided to increase the sales prices of its main products from September 15, 2021. The domestic sales prices of rutile titanium dioxide and rutile titanium dioxide will be increased by 1000 yuan/ton, and the export prices will be increased by 150 US dollars/ton. At this point, on the basis of the price increase on August 12, 2021, the company has once again raised the prices of its main products. The prices of rutile type titanium dioxide and rutile type titanium dioxide have cumulatively increased by 2000 yuan/ton, and the export prices have cumulatively increased by 350 US dollars/ton.

On the evening of the 13th, CNNC Titanium Dioxide announced that, based on recent market conditions and rising raw material prices, the company's price committee has decided to comprehensively increase the sales prices of various models of titanium dioxide on the basis of existing titanium dioxide sales prices from now on. Among them, the sales price for domestic customers has increased by 1000 RMB/ton, and the export price for international customers has increased by 150 USD/ton.

Longbai Group also announced on the evening of the same day that from now on, the sales prices of various models of titanium dioxide (including sulfuric acid method titanium dioxide and chloride method titanium dioxide) will be increased by RMB 700/ton for domestic customers and USD 100/ton for international customers on the basis of the original price.

Or included in the national strategic resource reserve

Titanium dioxide has a wide range of applications and is an essential industrial raw material for the production of coatings, plastics, paper and other products. The country attaches great importance to the development of the titanium dioxide industry and actively promotes the industrialization of new processes and the comprehensive utilization of resources.

On August 25th, the Ministry of Industry and Information Technology stated in a letter regarding the response to Proposal No. 1341 (No. 197 of the Industrial, Transportation, Posts and Telecommunications category) of the Fourth Session of the 13th National Committee of the Chinese People's Political Consultative Conference that relevant departments are preparing the "14th Five Year Plan" for the development of national reserves and will fully consider the proposal to include titanium dioxide in the national strategic resource reserve.

The Ministry of Industry and Information Technology pointed out that China's ilmenite reserves rank first in the world, and it is also the largest producer and consumer of titanium dioxide in the world. The market supply is sufficient, and the safety guarantee ability is strong. At present, the Development and Reform Commission, the Ministry of Finance, and the Grain and Material Reserve Bureau, together with relevant departments, are preparing the "14th Five Year Plan" for the development of national reserves. When determining the "14th Five Year Plan" national reserve variety catalog, they will fully consider the suggestions and conduct in-depth research and demonstration. The relevant departments of the country are actively promoting the comprehensive utilization of titanium ore resources. In the next step, the Ministry of Science and Technology will establish a key special project for "strategic mineral resource development and utilization" to promote the development and application of high-value utilization technology for titanium ore resources.

To support the green and healthy development of the titanium dioxide industry, relevant national departments are actively building a standard system for the titanium dioxide industry. At present, standards such as "Titanium Dioxide Pigments", "Cosmetic Titanium Dioxide", "Nano Titanium Dioxide", "National Food Safety Standard for Food Additive Titanium Dioxide", "Energy Consumption Limit per Unit Product of Titanium Dioxide Powder", "Technical Conditions of Titanium Dioxide Powder for Plastic Profile" have been introduced. We are organizing the preparation of "Evaluation Requirements for Green Factories in the Titanium Dioxide Industry" (2019-0052T-HG) There are two industry standards for the treatment and disposal of waste sulfuric acid generated during the production of titanium dioxide powder (titanium dioxide) (2020-0423T-HG). Next, the Ministry of Industry and Information Technology will actively promote industry associations and standardization technology organizations to further accelerate the development of relevant standards for the titanium industry, encourage the rational formulation of local emission standards, actively participate in international standard formulation, continuously improve the standard system, and provide technical support for the optimization, adjustment, and transformation and upgrading of the titanium dioxide industry.

The industrial chain will face value reassessment

Huaan Securities pointed out that the core of the change in the valuation system of titanium dioxide enterprises lies in the direction of their future development. Leading enterprises are expected to quickly enter the new energy iron phosphate industry through the comprehensive utilization of the titanium dioxide industry chain. Against the backdrop of an upward trend in the prosperity of titanium dioxide, increasing demand and limited new supply, the price of titanium dioxide continues to rise. At the same time, some titanium dioxide companies such as Longbai Group, CNNC Titanium White, and Anada have begun to enter the new energy field, producing iron phosphate or lithium iron phosphate, achieving coupling between the titanium industry chain and the new energy industry chain. Titanium dioxide enterprises are expected to use by-products such as waste acid and ferrous sulfate as raw materials for the production of iron phosphate, significantly reducing production costs. As titanium dioxide companies accelerate their layout in the field of new energy cathode materials, the titanium dioxide industry chain is expected to experience a re evaluation of its value.