Brief analysis of import and export of titanium dioxide from January to February 2022

Last week, the domestic titanium dioxide market fluctuated in a narrow range, and the market trading atmosphere was acceptable. At present, the quotation of domestic titanium dioxide is mostly in rutile type of 19000-21700 yuan / ton, and anatase type is mostly concentrated in 16500-18500 yuan / ton. In terms of market price, rutile type is mostly concentrated at 18500-20700 yuan / ton, and anatase type is mostly concentrated at 16500-17500 yuan / ton.

According to the customs data, in January 2022, China's titanium dioxide export was about 141500 tons, with a year-on-year increase of 32.67% and a month on month increase of 5.86%; In February, the export of titanium dioxide was about 101500 tons, with a year-on-year increase of 7.46% and a month on month decrease of 28.31%; From January to February 2022, the cumulative export volume of titanium dioxide was about 243000 tons, with a year-on-year increase of 20.84%, and the export volume increased by about 41900 tons. Among them, the top three countries in the export volume of titanium dioxide from January to February are India, Brazil and Belgium; They are 30000 tons, 16200 tons and 10600 tons respectively, accounting for 12%, 7% and 7% of the total export volume.

In January 2022, China imported about 119800 tons of titanium dioxide, a year-on-year decrease of 24.53% and a month on month decrease of 24.02%; In February, the import of titanium dioxide was about 119800 tons, a year-on-year decrease of 17.44%; From January to February 2022, China imported about 239400 tons of titanium dioxide, a year-on-year decrease of about 21.14% and 23600 tons compared with January to February 2021. The top three areas of titanium dioxide imports in 1-2 months are China, Taiwan, Mexico and the United States. They are 9010 tons, 6047 tons and 1880 tons respectively, accounting for 38%, 25% and 8% of the total import volume.

Overall, last week, the domestic titanium dioxide market was light and stable, and the overall trading atmosphere of the market was acceptable. In terms of cost, the price of titanium dioxide in the main production area of sulfuric acid market increased by more than 150 yuan / ton, and the low-end price of titanium ore decreased by 30 yuan / ton; On the supply side, CITIC titanium's 60000 ton new plant is normally produced and is expected to reach full load in May. Lubei chemical's 100000 ton old plant is expected to stop production. It is expected that other manufacturers will start work normally in about a month. At present, the industry's start-up is still more than 80%, and the market supply is stable. Some manufacturers will arrange orders until early April and mainly deliver more orders. Recently, due to external influence, the transportation cost has increased significantly. The downstream market demand is general. The delivery speed of dealers is slow. At present, multidimensional holds the rigid demand for procurement and focuses on watching carefully. Under the cost pressure, the demand is slightly weak, and the dealers hold a wait-and-see attitude towards the future market. Titanium dioxide market is weak and stable in the short term.