The cavities of the plastic parts were machined at the parting surface of core plate. Meanwhile, the feeding systems including runner and gate system were machined at the cavity plate to ensure molten plastic can be injected in the cavity area. two-plate family injection mould DoHform Mold(China) Co,.Ltd. , https://www.dhform.com
In June 2017, China exported 78,549 tons of titanium dioxide, a year-on-year increase of 22.96%, and an increase of 7.94% from the previous month. The monthly export volume hit a record high. The top three export countries were India, Turkey and South Korea; from January to June this year, titanium dioxide The total amount of exports reached 396,000 tons, a year-on-year increase of 13.74%. The short-term titanium dioxide foreign trade market will continue to improve, and overseas markets and internationalization will become an important development direction for domestic titanium dioxide enterprises in the long-term. Chinese enterprises may take an important place in the global titanium dioxide industry chain by virtue of their stable supply and cost-effectiveness advantages. .
Export data continues to increase, leading companies benefit more: In the first half of this year, domestic demand for titanium dioxide increased steadily, and demand for overseas economic recovery picked up. The recovery of the real estate industry in the United States and Europe greatly improved the demand for overseas titanium dioxide, and the future of emerging markets in India. The demand is considerable, further improving the domestic titanium dioxide industry boom, and the demand for overseas titanium dioxide continues to increase. The industry leading Longjili export volume accounted for 40% of the country's total exports in 2016. The company's export business accounted for 45% of the total business volume, and it will fully benefit from the growth in export business volume.
Imports continue to grow
Due to the serious homogeneity of China's products and the disadvantage of low-end surplus, the manufacture of high-end downstream products in China still needs to import a large amount of titanium dioxide every year. According to prospective database data, the total amount of imported titanium dioxide in China in the first half of 2017 was 114,536.42 tons, an increase of 29.46% year-on-year, of which 21,336 tons were imported in June.
Following the beginning of the inverse rise of titanium dioxide in December 2015, there were a total of five surges in prices in the six months of 2017. Take southwest Longqi as an example, the cumulative maximum increase for five times was 3,900 yuan/ton. Mainly due to foreign trade pulling stocks, so that the domestic large producers appear to supply tight, boosting the price of 5 consecutive increase, by contrast, the tepid price of foreign titanium dioxide makes downstream companies choose to import a substantial increase in the proportion of imported titanium dioxide A substantial increase in volume. Forward-looking Industry Research Institute of "Titanium Dioxide Industry Market Demand Forecasting and Investment Strategic Planning Analysis Report" believes that with the gradual recovery of supply and demand in the titanium dioxide market, as well as the continuous improvement of the quality of titanium dioxide in China, it is expected that in the second half of the recovery in the downstream demand at the same time Titanium dioxide imports will also maintain growth.
First half price trend
Take the sulfuric acid rutile titanium dioxide in the domestic market as an example. According to data from business clubs, the overall price of titanium dioxide in the first half of 2017 (January-June) was mainly weak, starting from 15970 at the beginning of January. Yuan/ton rose to 19,390 yuan/ton (including tax) at the end of June, an increase of 21.42%; the extremely low price was 15,970 yuan/ton at the beginning of January, and the extremely high price was 19,850 yuan/ton at the end of May, vertical The amplitude is 24.30%.
On June 29, the titanium dioxide (Sulfur Gold Factory) commodity index was 62.17, which was unchanged from yesterday, and was 37.83% lower than the highest point in the cycle at 100.00 points (2011-09-04), which is the lowest point compared to December 29, 2015. 51.68 points rose 20.30%. (Note: Cycle refers to 2011-09-01 till now)
From January to June, following the beginning of the inverse rise of titanium dioxide in December 2015, there were a total of five surges in price in the six months of 2017. Take southwest Longqi as an example, the cumulative maximum increase of 5 times was 3,900 yuan/ton. Mainly due to foreign trade pulling stocks, so that the domestic large producers appear to supply tight, boosting the price of 5 consecutive increase, but then the demand for overdrafts gradually emerged in May began to fall.
Environmental impact
Recently, under the supervision of Panzhihua Environmental Protection Bureau, the Jinjiang Park slag yard in the Panzhihua Vanadium-Titanium Industrial Park was required to stop operations, implying that chemical companies in the entire park will stop production completely. Among them, a number of titanium dioxide production companies in the region: Panzhihua Haifengxin, Lizhuo Titanium, Titanium Technology, Datong Communication, Tidu, Xingzhong, etc. will all be affected, and it is expected that the suspension will be rectified for 1-2 months. The production time is determined by whether or not the status after the completion of the rectification is up to standard.
According to statistics, under the influence of stricter environmental protection and limited start-up, the current titanium dioxide industry has actually shut down, partially shut down, and has an unstable production capacity of more than 900,000 tons. In 2015, domestic titanium dioxide production capacity reached 3.6 million tons/year. In 2016, the medium and small-sized titanium dioxide enterprises withdrew their capacity to reach 365,000 tons. Up to now, domestic titanium dioxide production enterprises have been further reduced from 46 in 2015 to 39 with an effective production capacity of less than 3 million tons. And with the continuous deepening of supply-side reforms and the further improvement of industry access thresholds, small titanium dioxide production companies will continue to eliminate. In the next 3-5 years, it is expected that the merger and reorganization of the titanium dioxide industry will further accelerate, and the number of production enterprises will be further reduced.
At present, at the end of June 2017, the operating rate of the titanium dioxide industry was 63%, and the overall operating rate was not high. In July, under the continuous influence of domestic environmental protection policies, the operating rate may only be maintained at around 54%. The insufficiency of the industry operating rate led to a shift in the supply and demand structure of the industry to the demand side and promoted the reversal of the titanium dioxide market.
The "Titanium Dioxide Industrial Wastewater Treatment Project Technical Specifications" undertaken by the Ministry of Environmental Protection's Environmental Planning Institute has successfully passed the opening question. After the implementation of this standard, the titanium dioxide wastewater discharge will enter the mandatory implementation stage from the non-standard, and the three wastes will not meet the standards. Enterprises will be under pressure, and production capacity will be further tested. It is also expected to provide strong support for the price of titanium dioxide.
Titanium Dioxide Enterprise Profitability Differentiation
Domestic titanium dioxide companies have differentiated profitability, and leading companies have strong anti-risk capabilities: titanium concentrate prices fell in the second quarter, and profitability of large and small companies in the domestic titanium dioxide industry has divided. The prices of leading enterprises have not been affected. We believe that because of the stronger bargaining power of leading companies, they have greater market influence; on the other hand, overseas demand supports the stability of titanium dioxide prices.
The cost-effectiveness advantages of the chlorination method appear, and there is a large space for import and replacement of high-end products: the chlorination process titanium dioxide is an internationally recognized new generation of advanced technology. At present, 60% of the titanium dioxide is chlorinated, but it is mainly concentrated in developed countries in Europe and America. The production and quality of titanium dioxide produced by the chlorination process have been steadily improved, and have been recognized by major international customers. At present, only four companies in China have mastered the chlorination process. Under the circumstances where overseas titanium dioxide giants have raised their prices in succession, the domestic chlorination process titanium dioxide has a price advantage. In the future, it will further expand the production capacity of the chlorination process.
Titanium dioxide summarized in the long years to understand the market you earned how much money?
Exports continue to grow