o2Introduction
In the first half of 2020, despite the ups and downs in the domestic and foreign markets, as the largest exporter of titanium dioxide, the China market finally delivered a satisfactory interim answer at the end of June. At present, the domestic titanium dioxide market is undergoing a very lively second price increase during the year, and manufacturers are gradually getting rid of the dilemma of continuous losses due to high cost pressures. The expectation of internal and external demand resonance in the market outlook is gradually strengthening. If external demand remains stable in the second half of the year , It is not difficult for China to achieve the goal of annual growth of titanium dioxide exports.
Every March, the total amount of titanium dioxide sent from my country to the rest of the world also rises. Looking back at the export data, we can find that this March this year’s rise was not only as promised, but also that the export volume of the month has increased significantly compared with the same period in previous years.
Going back to this year, the export performance of China’s titanium dioxide in the first half of 2020: the total export volume in the first quarter increased significantly; March is the peak export season for the past years, and the receiving place is negatively affected by the expected development of the epidemic, and the import volume of China’s titanium dioxide by trading partners The chain ratio almost doubled; The global spread of the epidemic in mid-to-late March was obvious. The production and traffic restrictions in the receiving area in May caused the export of titanium dioxide to show a negative change for the first time in the same month, with a year-on-year decrease of 24.89%; in June, with the domestic production of major trading partners , Traffic restrictions are gradually relaxed, and China’s titanium dioxide exports have recovered significantly, with a 7.50% year-on-year drop in the first half of the year. What was the final result of such unstable export performance in the first half of the year?
In the first half of the year, the export volume exceeded 500,000 tons and was close to 600,000 tons for the first time in ten years, a year-on-year increase of 16.92%. With the main contribution in the first quarter, the exports in the first half of the year not only were not negatively affected by public health emergencies, but also completed the “task” in excess of expectations.
In the first half of the year, the export volume exceeded 500,000 tons and was close to 600,000 tons for the first time in ten years, a year-on-year increase of 16.92%. With the main contribution in the first quarter, the exports in the first half of the year not only were not negatively affected by public health emergencies, but also completed the “task” in excess of expectations.
As my country’s largest trading partner of titanium dioxide exports, it is only natural that the Indian market’s import of my country’s titanium dioxide in the first half of the year has received widespread attention from the industry.
First, the demand in the first quarter has increased significantly compared with previous years. Second, the epidemic has spread in India since late March. Affected by restrictions on production and life, the number of titanium dioxide exported to India for two consecutive months in April and May has shown significant growth. It was not until mid-June that its domestic traffic restrictions were relaxed or lifted, and exports resumed.
In terms of trends, Brazil’s imports of titanium dioxide from my country in the first half of the year had the same situation. The difference is that it is easy to observe from the figure that China’s export volume of titanium dioxide to Brazil in June is still at a low level in the past four years. The negative impact of public health emergencies on Brazil’s domestic production and life is still continuing, and the market outlook is relatively uncertain. more obvious.
In the first half of 2020, despite the ups and downs in the domestic and foreign markets, as the largest exporter of titanium dioxide, the market finally delivered a satisfactory interim answer 6 months later. At present, the domestic titanium dioxide market is undergoing a lively second price increase during the year, and manufacturers are gradually getting rid of the dilemma of continuous losses due to high cost pressures. The expectation of demand resonance inside and outside the market is gradually strengthening, and the market can feel the rebound. Let the industry invest more actively and optimistically in the production and trade of titanium dioxide. If external demand remains stable in the second half of the year, the annual growth target of titanium dioxide exports can be achieved.