Titanium dioxide export results are bright, acetic acid market is strong

May 06, 2021

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Titanium Dioxide: last week, the market performance of titanium dioxide was excellent, the export performance was brilliant, and the market prosperity was high. According to Baichuan data, on April 23, the mainstream quotation of rutile titanium dioxide market by sulfuric ACID method was 20000-21000 yuan / ton, the mainstream quotation of anatase titanium dioxide market was 17300-18000 yuan / ton, and the mainstream quotation of titanium dioxide market by chlorination method was 22000-24000 yuan / ton. On the supply side, except for the environmental protection inspection that affected individual problem enterprises in Shandong, other manufacturers are trying their best to meet the market supply; In terms of demand, domestic dealers are enthusiastic about purchasing, and the efficiency of goods and capital flow is high. From the aspect of inventory, the priority of export goods delivery is higher, which is also due to the new high of export and the tense situation of domestic supply and demand. It is expected that titanium dioxide will rise slightly in the future. It is suggested to pay attention to relevant leading enterprises.

Acetic Acid: the price of acetic acid rose slightly last week. Last week, the price index of acetic acid was 7328 yuan / ton, 2.40% higher than that at the end of last period, 24.44% higher than that at the end of last month, and 72.68% higher than that at the beginning of this year. On the supply side, last week's domestic production of acetic acid was 160300 tons, slightly higher than that of the previous period, and the operating rate increased accordingly; On the demand side, the downstream PTA maintenance and restart increased the demand for acetic acid. In terms of inventory, the inventory in East China decreased significantly last week, mainly due to the delivery of cargo in Jiangsu Thorpe within the week, while the inventory in other regions decreased slightly. It is expected that the future acetic acid market will mainly fluctuate at a high level.

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