Published on the 25th every month, Titanium Dioxide China Monthly Report is a monthly publication released
by CCM.
It
offers timely update and
close follow up of China
Following are headline news of the Titanium Dioxide
China
Housing
prices rose in May although state control remained stringent
The
YoY growth rate in sales revenue of domestic real estate dramatically exceeded
that of sales areas, indicating that the housing prices rose in May although
the state control of the real estate industry remained stringent.
Hong Kong Guangxin defaulted on the ilmenite trade
contract signed with Zero-seven
Hong
Kong Guangxin defaulted on the ilmenite contract signed with Zero-seven, so the
cooperation will probably break up, necessitating Hong Kong Guangxin to pay a
breakup fee.
Domestic TiO2 price still in a downtrend in June
2013
The
domestic TiO2 price was still in a downtrend despite international TiO2 giants
successively announcing price increases in 2013, mainly due to the sluggish
downstream demand and shrinking exports.
Tianzhu Peng: lower electricity price can benefit
the TiO2 production in Panzhihua Vanadium & Titanium Industrial Base
TiO2
producers in Panzhihua Vanadium & Titanium Industrial Base can benefit from
increased profit if local electricity prices are lowered.
Domestic automobile production in the first five
months of 2013 increased by 13.49% YoY
Domestic
automobile production achieved a YoY growth of 13.49% in the first five months
of 2013 and the whole year's growth rate was expected to reach 8.4%.
Total titanium feedstock supply volume was flat in
April compared with that in March
The
total titanium feedstock supply volume was 409,562 tonnes in April 2013 in
China, edging down 0.49% compared with that in March 2013.
Valspar to acquire European Industrial Coatings
Company Inver Group
Acquisition
expands Valspar's present USD6 billion European industrial market and provides
operating synergies with Valspar's existing business.
Import volume of TiO2 was up 15.70% while export
volume was down 13.00% in April 2013
The
import volume of TiO2 was 17,677 tonnes in April, 2013, up by 15.70% compared
with that in March; the export volume was 34,578 tonnes, down by 13.00%.
DuPont and Tronox lead the third wave of TiO2 price
increases in 2013
Led by
optimistic anticipation of future TiO2 demand, DuPont and Tronox announced a
price increase on May 30, 2013.
Shandong
Dongjia is undergoing the "reply to feedback" process under its IPO
application
Shandong Dongjia is undergoing the "reply to feedback" process
and will enter the "disclose in advance" process if it successfully
passes the "reply to feedback" process.
About CCM
As a leading market research
consulting company in China with more than 10-year-experience, CCM offers
Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information,
Import/Export Analysis all through its new proprietary product ValoTracer. For
more information, please visit http://www.cnchemicals.com.
Contact
Tel: 86-20-37616606
Fax: 86-20-37616968
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