Following are headline news of the Titanium Dioxide
China
Real estate: sales volumes and revenue both enjoyed high growth in H1
2013
Both the sales volume
and revenue of the domestic real estate companies enjoyed high growth in H1
2013.
Fu Yijiang: domestic TiO2 might meet price up in H2 2013
The price of domestic
TiO2 is expected to increase in H2 2013 by domestic TiO2 producers and
distributions.
The decline of the domestic TiO2 price slowed down with prices falling
only slightly in July 2013
The decline of the
domestic TiO2 price slowed down with the domestic rutile TiO2 price edging down
0.32% while that of anatase TiO2 declined 1.05% during mid-June to mid-July,
2013.
PPG achieved historical sales record in Q2 2013
PPG achieved
historical sales and adjusted earnings per diluted share in Q2 2013 due to the
strong performance of its coatings business.
Pangang Titanium cuts costs by using 100% local titanium feedstock to
smelt titanium slag
Pangang Titanium
smelts titanium slag by using 100% of local titanium feedstock, which is
conducive to cutting its production costs and raising its competitiveness.
*ST Jiyao predicted its H1 2013 net profit to be around USD6.80 million
with a 100% sales-output ratio
*ST Jiyao predicted
its H1 2013 net profit to be around USD6.80 million with a 100% sales-output
ratio, which is questionable under the current weak domestic TiO2 market
condition.
10,782,200 automobiles sold in H1 2013 under concerns about restrictions
on vehicle purchases
China attained a
historic sales volume of 10,782,200 units in H1 2013 under concerns about
upcoming restriction policies on vehicle purchases, according to CAAM's report.
Import volume of TiO2 was up 23.15% while export volume increased only
5.99% in May 2013
The import volume of
TiO2 was 21,770 tonnes and export volume was 36,650 tonnes in May, 2013, up by
23.15% and 5.99% respectively compared with that in April.
Total titanium feedstock supply volume fell 6.48% in May compared with
that in April
The total titanium
feedstock supply volume underwent a month-on-month drop of 6.48% in May 2013.
Rockwood canceled the stripping of its TiO2 business
Rockwood canceled the stripping of its TiO2 business due to lack of
acceptable transaction value.
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