Industry giants have successively raised prices, and the concept of titanium dio

On the morning of February 27th, the titanium dioxide concept stocks experienced a fluctuating rise. By the time of writing, Zhonghe Titanium Dioxide and Annada saw an increase of over 5%, with Huiyun Titanium Industry, Jinpu Titanium Industry, and LuBei Chemical among the top gainers.

Zhonghe Titanium Dioxide announced on February 26th that Shen Xin, the vice chairman, plans to increase his holdings in the company's shares through a centralized competitive bidding transaction using his own or raised funds, with a total planned increase of no less than 300 million yuan.

The announcement revealed that in August 2023, Zhonghe Titanium Dioxide signed a transfer agreement with Guizhou Xin Tianxin Chemical Co., Ltd., with Shen Xin as the transferor, committing to purchase the company's stocks in the secondary market with no less than 300 million yuan. At the same time, the company's stock price is greatly affected by market environment fluctuations. Based on full recognition of the company's fundamentals, future prospects, and long-term investment value, Shen Xin is determined to closely bind with the company and develop together, planning to implement an increase plan to support the company's stable and sustainable development.

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In addition, recently, several titanium dioxide giants such as Longbai Group, Zhonghe Titanium Dioxide, and Huiyun Titanium Industry have announced price increases for their products.

Zhonghe Titanium Dioxide's product price adjustment announcement showed that, according to the current international and domestic titanium dioxide market conditions, the company's price committee decided to comprehensively increase the sales prices of all types of titanium dioxide from February 21, 2024. Domestic customer sales prices were increased by 700 RMB/ton, and international customer sales prices were increased by 100 USD/ton.

Annada stated in its announcement that, based on recent domestic and international titanium dioxide market demand and the rise in raw material prices, it decided to increase the sales prices of its main products from February 22, 2024. The domestic sales base price for both rutile and anatase titanium dioxide was increased by 700 RMB/ton, and the foreign trade sales base price was increased by 100 USD/ton.

As a result, on the basis of the price increase on January 20, 2024, Annada once again increased the sales prices of its main products. The domestic sales base price for both rutile and anatase titanium dioxide has cumulatively increased by 1400 RMB/ton, and the foreign trade sales base price has cumulatively increased by 200 USD/ton.

Furthermore, Longbai Group announced that from February 20, 2024, the company's sales prices for all types of titanium dioxide will be increased by 500 RMB/ton for domestic customers and by 100 USD/ton for international customers based on the original prices.

Huiyun Titanium Industry also stated that, based on the current domestic and international titanium dioxide market conditions and the prices of raw and auxiliary materials, it decided to increase the sales prices of all types of titanium dioxide from February 20. The domestic customer sales prices will be increased by 700 RMB/ton, and the international customer sales prices will be increased by 100 USD/ton based on the original prices.

Everbright Securities believes that as the macroeconomy recovers, and policies boost the real estate industry chain, the steady increase in exports and the continuous improvement in the real estate completion end will likely lift the overall demand for titanium dioxide. This could further promote the reduction of high inventory levels of titanium dioxide, leading to a continuous improvement in the price and profitability of titanium dioxide.Tianfeng Securities stated that looking forward to 2024, the domestic demand for titanium dioxide is expected to recover. Currently, the export countries of titanium dioxide are mostly developing economies, and the rapid economic development of these countries and regions will also boost China's titanium dioxide exports.