Analysis Of Price Fluctuation Of Titanium Dioxide In China

Along with our country national economy sustainable development and industrialization and urbanization process accelerated, infrastructure unceasing development and the consummation, the rapid rise of the automobile industry, construction industry, the real estate industry and water-based paint industry, China has become the world’s largest titanium dioxide producer and consumer countries. But weakness in the world economy, China titanium dioxide market downturn, demand remains in the doldrums in the environment in structural overcapacity of China titanium dioxide is struggling, plus China titanium dioxide market has been the existence of technical difficulties and ecological destruction and environmental pollution problems, and developed economies such as the technology gap between the United States and Japan is obvious, making the enterprises of China’s titanium industry development more difficult. Since titanium dioxide industry is at the top of industrial chain, the wide use of titanium dioxide industry is related to many areas of national economy, its development directly affects the downstream industries.. In recent years, the data show that the price of titanium dioxide in our country always presents a certain fluctuation, and this fluctuation is constantly occurring.. Due to the price change tends to be driven by the linkage of a series of downstream product prices to the whole national economy impact, so the price of titanium dioxide control is the key to stabilizing the morale, but also reduce the downstream industry price affordability of key.With the help of modern economics theory and research methods, in-depth analysis of the inherent law of China’s titanium dioxide price fluctuations and factors that affect the price fluctuations, to provide a reference basis for the science of China’s titanium dioxide price regulation policy formulation.To achieve the above objectives, this paper combines qualitative analysis and quantitative analysis, first of all to price fluctuations related theories to sort out and summarize, then the use of arch models the inherent law of China’s titanium dioxide price fluctuation analysis, based on the VAR model of price fluctuation of titanium dioxide specific factors and the extent of the impact of quantitative research, and put forward the corresponding policy recommendations.The main conclusions of this paper are as follows:(1) China titanium dioxide market price volatility persistence, but the self regulated learning and to its ability to control the market is weak, the objective need government market of titanium dioxide were moderate intervention. At the same time, the role of titanium dioxide market information is asymmetric, it does not have high risk, high return characteristics.(2)Contribution titanium dioxide price fluctuation influence factors: titanium concentrate prices > State Housing boom index > national consumer price index(CPI) > international titanium dioxide price index > each lunar view demand > export volume > yield > concentrated sulfuric acid prices.(3) Third, titanium pigment in China market price fluctuation and its present situation, from the point of titanium concentrates on the fluctuation of prices, the government should be stable source of titanium ore way reform, titanium concentrate and establish a titanium concentrate purchase regulation library; In the international market conduction, titanium dioxide industries should also be by merging and equity assets, and other forms of positive integration, the acceleration of merger and reorganization, constantly optimize the industrial structure, to enhance the capacity of resisting international market risk; In terms of export production, need to adjust the export strategy; For the orderly and healthy development of the industry, to titanium dioxide industry access conditions, and on the basis of this access upgraded to industry norms; Popularize advanced technology in the changing structure of titanium white consumer market.