The most popular titanium dioxide price fell more

Titanium dioxide prices fell more than once. Baili, a listed company of titanium dioxide, broke the key technical barriers of aluminum alloy research in Linyi City and Shandong Province. On August 20, Baili disclosed its semi annual report, announcing a decline of about 99% in its performance in the first half of the year; What is more serious than this is that the company has suffered its first quarterly loss since its listing

at this time two years ago, Bailian successfully listed with a single quarter profit of 140million yuan. The share price once exceeded 130 yuan/share, but times have changed

the performance and stock price changes of Bailian undoubtedly well explain the periodicity of the chemical industry. In the face of the "falling" titanium dioxide price, Yangxun, an analyst at the business club, was unwilling but had to say frankly that he was still bearish on the future market

the share price has exceeded 130 yuan

the semi annual report of Bailian shows that in the first half of this year, the company generated a revenue of 790million yuan and a profit of 1576000 yuan, with a year-on-year decline of 30.3% and 98.9% respectively

according to the data, in the first quarter of this year, Bailian made a profit of 5.869 million yuan; It can be seen that the company actually lost 4.294 million yuan in a single quarter in the second quarter. The single quarter performance loss of Bailian was the first time since its listing

the company was listed on Shenzhen Stock Exchange in July, 2011, and disclosed its semi annual report on August 23 of the same year, announcing a single quarter profit of 140million yuan in the second quarter of 2011; It was also on this day that the company's share price once hit 133.30 yuan/share, comparable to Guizhou Moutai

after all, provide the corresponding English version of the report to the other party.

it is obvious that the profits and stock prices at that time have become insurmountable highs

many factors have led to the continuous downturn of the market

the performance of Bailian is getting worse and worse, which is related to the continuous decline in the price of titanium dioxide

according to the data, the recent quotation of domestic rutile titanium dioxide is about 14500 yuan/ton, down 14% from the beginning of the year and 35% from the highest point in July 2011. The average operating rate of the industry in 2012 was 65%, compared with 60% in the first seven months of this year. During this period, the industry has experienced several price increases by foreign manufacturers, transportation difficulties of domestic leading manufacturers due to rainstorms, and the closure of the Singapore factory in Ishihara, Japan. However, the price has not rebounded at all

in this regard, Yang Xun, an analyst of the business society, gave four reasons: first, the largest downstream of titanium dioxide is paint, and the paint market has not been very good in the past two years; 2、 The inventory of leading enterprises is high, and price reduction and promotion is their long-term strategy; 3、 This year, the raw titanium concentrate fell sharply, resulting in no support for the price of titanium dioxide; 4、 The export situation is not ideal

Yang Xun said: "the total production capacity of titanium dioxide in China in 2012 was about 2.935 million tons, and the new production capacity of the industry will be released intensively this year and next year. If there is no substantial positive, the trend of titanium dioxide in 2014 may not be better than that in 2013."

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