On August 19th, Shandong Dongjia, the domestic first-line producer, first announced that the domestic sale price of rutile titanium dioxide was raised by RMB 500/ton, and the foreign sales price was raised to US$ 80/ton. At this point, the market for titanium dioxide has been “a ten-fold increase†this year. The industry expects that prices will increase or spread in large areas in the future.
Since the beginning of this year, domestic titanium dioxide giants have continued to raise prices. As the price of titanium dioxide continues to rise, corporate profits have recovered and the industry's economy has started to pick up.
Latest performance newsletter
Ananda (002136) released semi-annual report on the evening of August 22, the company's operating income in the first half of 383 million yuan, an increase of 17.25%, net profit of 4.069 million yuan, a year-on-year loss of 21.31 million yuan sharp losses, compared with the previous year It was 119.09% of the same period.
Yan Lilian (002601) issued semi-annual report the same evening, the company's operating income in the first half of 1.317 billion yuan, a decrease of 1.277% year-on-year; net profit of 71.11 million yuan, an increase of 52.5%.
Corporate profits or will continue
Annada expects that the market demand for titanium dioxide will stabilize in the third quarter and the gross profit margin of products will rebound. The company's profit in the first three quarters will reach 15-20 million yuan. From January to September last year, Annada’s net profit attributable to shareholders of listed companies was a huge loss of 62,288,600 yuan.
Li Lilian related responsible person said that in July and August this year, titanium dioxide prices continue to increase. With the commissioning of the company’s chlorination process titanium dioxide production line, it is expected that the company’s performance will be outstanding in the second half of this year.
List of securities companies
China Merchants Securities (600,999) reported that the overseas giant Titanium Dioxide Huntsman announced on August 10 that the price of titanium dioxide (titanium dioxide) sold globally would directly benefit Chinese exports. From January to June 2016, China exported 349,000 tons of titanium dioxide, which was an increase of 28.3% year-on-year. The annual export volume was expected to reach 700,000 tons, an increase of more than 30% year-on-year. Exports will account for 8% of effective production capacity of 2.8 million tons. one.
At the same time, the supply side has not increased its output, and exports continue to improve, which has changed the supply and demand pattern of China's titanium dioxide market, and the follow-up price is still rising.
Southwest Securities (600369) reported that the supply of titanium ore is in short supply, and the subsequent price increase of titanium dioxide is expected to be strong. The domestic real estate industry gradually recovered from the second half of last year. According to past practice, the market demand for titanium dioxide after the purchase of homes will lag from half a year to one year. In the second half of 2016, the domestic titanium dioxide market demand is expected to be driven by the real estate industry. The continued improvement is also a condition for the domestic titanium dioxide market to continue to increase prices. It is expected that the price of titanium dioxide will continue to rise in the second half of 2016 and is expected to exceed RMB 15,000/tonne.
Since the beginning of this year, domestic titanium dioxide giants have continued to raise prices. As the price of titanium dioxide continues to rise, corporate profits have recovered and the industry's economy has started to pick up.
Latest performance newsletter
Ananda (002136) released semi-annual report on the evening of August 22, the company's operating income in the first half of 383 million yuan, an increase of 17.25%, net profit of 4.069 million yuan, a year-on-year loss of 21.31 million yuan sharp losses, compared with the previous year It was 119.09% of the same period.
Yan Lilian (002601) issued semi-annual report the same evening, the company's operating income in the first half of 1.317 billion yuan, a decrease of 1.277% year-on-year; net profit of 71.11 million yuan, an increase of 52.5%.
Corporate profits or will continue
Annada expects that the market demand for titanium dioxide will stabilize in the third quarter and the gross profit margin of products will rebound. The company's profit in the first three quarters will reach 15-20 million yuan. From January to September last year, Annada’s net profit attributable to shareholders of listed companies was a huge loss of 62,288,600 yuan.
Li Lilian related responsible person said that in July and August this year, titanium dioxide prices continue to increase. With the commissioning of the company’s chlorination process titanium dioxide production line, it is expected that the company’s performance will be outstanding in the second half of this year.
List of securities companies
China Merchants Securities (600,999) reported that the overseas giant Titanium Dioxide Huntsman announced on August 10 that the price of titanium dioxide (titanium dioxide) sold globally would directly benefit Chinese exports. From January to June 2016, China exported 349,000 tons of titanium dioxide, which was an increase of 28.3% year-on-year. The annual export volume was expected to reach 700,000 tons, an increase of more than 30% year-on-year. Exports will account for 8% of effective production capacity of 2.8 million tons. one.
At the same time, the supply side has not increased its output, and exports continue to improve, which has changed the supply and demand pattern of China's titanium dioxide market, and the follow-up price is still rising.
Southwest Securities (600369) reported that the supply of titanium ore is in short supply, and the subsequent price increase of titanium dioxide is expected to be strong. The domestic real estate industry gradually recovered from the second half of last year. According to past practice, the market demand for titanium dioxide after the purchase of homes will lag from half a year to one year. In the second half of 2016, the domestic titanium dioxide market demand is expected to be driven by the real estate industry. The continued improvement is also a condition for the domestic titanium dioxide market to continue to increase prices. It is expected that the price of titanium dioxide will continue to rise in the second half of 2016 and is expected to exceed RMB 15,000/tonne.
blasting hole drilling rig has advantage of high drilling efficiency ,easy maintance and high reliability .it is an ideal drilling rig for mining .anchor and road building .power station construction
Geological Exploration Rig,Full Hydraulic Core Drilling Rig,High Efficiency Drilling Rig,Blasthole Drill Rig
Taian Longye Import And Export Trade Co.,ltd , https://www.longyedrillingrig.com