Find Hot News in Titanium Dioxide China Monthly Report 1401

Published on the 25^th every month, Titanium Dioxide China Monthly Report  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Titanium Dioxide market dynamics, analyze the market data and trends. TiO2 China Monthly Report will provide intelligence of Chinese TiO2 industry, including supply/demand, company dynamics, raw material supply, etc, and the latest policies and technological progress to facilitate your search for commercial opportunities in this promising market.

Following are headline news of the Titanium Dioxide China Monthly Report:

Domestic TiO2 market becomes quieter before the Spring Festival

The domestic TiO2 price continued its downward trend, and the market has become quieter as the Spring Festival approaches.

Aroused public concern over pipeline safety to bring opportunities for anti-corrosion coating

The blast happened on Nov. 22, 2013 in Qingdao City caused increasing public concerns on the safety of buried pipelines, it is estimated that the anti-corrosion coating will be in great demand if pipelines upgrading is carried out.

Increasing domestic auto output and lower raw material cost increase KNT's profit

After an encouraging financial performance in 2013, KNT is expected to continue its growth momentum into 2014 as new projects go into operation.

China produced around 1.90 million tonnes of TiO2 in 2013

With the weak domestic demand and the flat export volume, China produced around 1.90 million tonnes of TiO2 in 2013, the same level as in 2012.

SRL attains massive growth in production but suffers massive drop in profit in 2013

Despite the bear market, SRL's 2013 production increased significantly, and is projected to increase in 2014. However, their revenue and profit declined.

It's wise for Shandong Dongjia to halt its IPO application

Given that only 20% TiO2 producers were profitable in 2013, it is wise for Shandong Dongjia to halt its IPO application under the CSRC's current regulations.

Export growth to be the driving factor for China's TiO2 consumption in 2014

The domestic demand for TiO2 may remain soft in 2014. However, the export volume is expected to increase significantly, making export growth the major driving factor for the consumption of Chinese-produced TiO2 in 2014.

Comparison of TiO2 properties indicators and requirements of end users

Comparison of TiO2 properties indicators and requirements of end users.

TiO2 import volume soared while export volume increased moderately in Nov.

In Nov. 2013, the import volume of TiO2 soared while the export volume increased moderately. The import price and export price both declined slightly.

Titanium feedstock imports increased while domestic output fell in Nov.

In Nov. 2013, the imported volume of titanium feedstock continued to grow. However, some small domestic titanium feedstock producers cut their operating rate, which led to the decline in the total domestic output of titanium feedstock.

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.

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Find Hot News in Titanium Dioxide China Monthly Report 1312

Following are headline news of the Titanium Dioxide China Monthly Report:

Zhejiang Transfar to acquire Transfar Coating's 100% equity

Zhejiang Transfar to acquire Transfar Coating's 100% equity with a transaction value of USD12.21 million. The acquisition is a horizontal integration, and is expected to create synergy and improve efficiency.

Domestic automobile output is expected to reach 22 million units in 2013

2013 domestic auto output is expected to reach 22 million units. However, local governments' controls on vehicle purchases will affect the development of the auto industry in the future.

Domestic TiO2 price declined massively from mid-Nov. to mid-Dec.

Domestic TiO2 price declined massively at the end of 2013 as the producers have taken a low price strategy to achieve their 2013 sale goals.

Tianyuan Group to enter the titanium industry for new growth point

Tianyuan Group is targeting synthetic rutile as a new growth point amidst the sluggish chlor-alkali market.

Domestic TiO2 price likely to keep steady in 2014

Domestic TiO2 market will likely keep steady without large fluctuations in 2014, mainly because of the lack of obvious driving factors.

TiO2 import price declined slightly while the export price enjoyed a rare increase in Oct.

Both the import volume and export volume of TiO2 declined in Oct. The export price of TiO2 enjoyed a rare MoM growth, while the import price declined slightly. The total export volume for 2013 is likely to exceed that of 2012, which will help to relieve the high inventories in the domestic market.

Capchem plans to acquire Supe Chemical's 56.92% equities

Capchem plans to acquire a 56.92% share of Supe Chemical in order to enter the coating & paints industry.

Luohe Xingmao starts the bidding on its second phase of chloride process TiO2 project

The first phase of Luohe Xingmao's chloride process TiO2 project, which has a production capacity of 60,000 t/a, has been completed and the bidding process of the second phase has been started. However, some technical issues may still exist.

Titanium feedstock imports returned to normal while domestic production increased significantly

Both the domestic production and import volume dramatically increased MoM, pushing up the supply of titanium feedstock in Oct. However, the average import price fell 27.15% MoM to USD195/t. The total supply of titanium feedstock in China increased by 53.15% MoM, which was mainly due to rising operating rates.

TiO2 companies expand despite the market downturn

Some domestic listed TiO2 companies are opting to expand during this current downtrend. Although this strategy may pay off if the market improves in the future, it is fraught with risk. 

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.

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TiO2 companies expand despite the market downturn

2014 is approaching, but the domestic TiO2 market is likely to remain in poor condition. The domestic rutile TiO2 price has declined by about 23% since July 2012 and most domestic producers have suffered a loss in 2013. Factors for the poor condition include the oversupply in domestic TiO2 market, the slowdown of China's economy which has caused the domestic TiO2 demand to decline, and the fragile economic recovery in Europe and the U.S that has resulted in soft TiO2 exports, according to Titanium China Monthly Report issued by CCM in December.

However, some domestic producers have increased their production capacity without regard for the current sluggish condition. This may be a wise strategy if the demand for TiO2 picks up in the future, but is full of risks.

Panzhihua Dongfang Titanium Industry Co., Ltd. (Dongfang Titanium), a subsidiary of Pangang Group, is reported to be planning to launch the pilot production for its second phase rutile TiO2 project with an additional production capacity of 60,000t/a in Dec. 2013. The first phase project, with a production capacity of 40,000t/a, was put into operation in 2009. The construction of the second phase project began in 2012, and still needs another investment of USD105.86 million (RMB650 million). The second phase production line is expected to be put into operation in June 2014 and will lift up Pangang Group's TiO2 production capacity to more than 120,000t/a.

CNNC Hua Yuan Titanium Dioxide Co., Ltd. (CNNC Titanium) also announced that it will raise about USD35.94 million (RMB220.70 million) for the technical reform project of Jinxing Titanium's existing 100,000t/a TiO2 after-treatment production plant and USD23.57 (RMB144.70 million) for the technical project of Wuxi Haopu's existing 50,000t/a rutile TiO2 fine-finishing production plant. CNNC Titanium was reverse merged by Jinxing Titanium in Jan. 2013. After the backdoor listing, CNNC Titanium's TiO2 production capacity has reached 100,000t/a. At the same time, CNNC Titanium claimed that Jinxing Titanium's after-treatment capacity will reach 200,000t/a and Wuxi Haopu's fine-finishing production capacity will reach 100,000t/a after the technical reform.

In late Nov. 2013, another listed company—Jilin GPRO Titanium Industry Co., Ltd. (GPRO Titanium) also plans to raise about USD142.38 million (RMB874.21 million) to construct its 80,000t/a TiO2 project. GPRO Titanium succeeded in its backdoor listing on July 26, 2013, and currently has a TiO2 production capacity of 45,000t/a in operation (please refer to GPRO Titanium succeeds in backdoor listing and starts trading since July 26, 2013 in Titanium Dioxide China Monthly Report 1308 for more details). The construction of the 80,000t/a TiO2 project began in Dec. 2012 and is projected to be completed in H2 2015. The plant will operate at 80% capacity after one year of operation.

Whether increasing the production capacity is wise still remains uncertain. However, listed companies can easily raise capital from the stock market to support an increase in production capacity. Under the existing stock market rules, most private investors who subscribe to non-public offering shares can easily profit by selling the shares to public stock market investors at a much higher price.

This phenomenon leads private investors to flock to listed companies' non-public offering shares, ignoring the fund-raising projects' profitability and any concerns about raising capital regardless of the market. As a result, listed companies have more opportunities to expand their production capacity than non-public companies when the market is declining.  Therefore, listed companies can attempt to expand and gain a greater market share with a mitigated risk of incurring a potential loss, while private investors can access the company and attempt to profit through the stock market.

Table of Contents of Titanium China Monthly Report 1312:

TiO2 import price declined slightly while the export price enjoyed a rare increase in Oct.

Titanium feedstock imports returned to normal while domestic production increased significantly

Domestic TiO2 price declined massively from mid-Nov. to mid-Dec.

TiO2 companies expand despite the market downturn

Domestic TiO2 price likely to keep steady in 2014

Luohe Xingmao starts the bidding on its second phase of chloride process TiO2 project

Tianyuan Group to enter the titanium industry for new growth point

Capchem plans to acquire Supe Chemical's 56.92% equities

Domestic automobile output is expected to reach 22 million units in 2013

Zhejiang Transfar to acquire Transfar Coating's 100% equity

Titanium Dioxide China Monthly Report, issued by CCM on 25^th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Henan Billions to raise capital for its titanium slag projec

Henan Billions Chemicals Co., Ltd. (Henan Billions), the biggest public company in China's TiO2 industry, announced that it will raise funds privately for a titanium slag production project, which will support its 60,000t/a chloride process TiO2 project, according to Titanium China Monthly Report issued by CCM in November.

The project investing into the upstream of TiO2 was first put forward in Feb. 2013 (please refer to Titanium Dioxide China Monthly Report 1303 for more details) and has been adopted by the board of trustees. On 7 Nov., Henan Billions released an advanced plan for raising capital of USD91.47 million (including issuance cost) to fund the construction and the operating liquidity of its titanium slag project.

The titanium slag project includes two phases. The first phase requires an investment of USD107.77 million, including USD81.55 million for the construction and USD26.21 million for the operating liquidity. The first phase is estimated to be completed after one and a half years and is estimated to provide 150,000 tonnes of titanium slag every year, which is sufficient for Henan Billions's 60,000t/a chloride process TiO2 project.

Henan Billions has embarked on this project to reduce the effects of fluctuations in the titanium feedstock price and to reduce its costs for raw materials. Possessing titanium resources means initiative in industry chain, which is especially vital for developing chloride process TiO2. Possessing titanium resources can reduce the raw materials cost and cyclical fluctuations in profits, as the byproducts of titanium slag produced in the machining process can offset the cyclical fluctuations of the TiO2 industry. In order to reduce its reliance on titanium feedstock imports and to cut costs, Henan Billions has reduced its import volume of titanium feedstock in 2013 and has enhanced its purchases of domestic titanium feedstock, especially those produced in Panzhihua City, Sichuan Province.

Although small investors of Henan Billions oppose the capital raising plan and despite Henan Billions' stock declining by 5.47% to USD3.29 (RMB20.22) per share on 7 Nov., the day when the plan was released, as the issue price is USD3.05 (RMB18.72) per share, the issue plan is not likely to fail. This is because the issue plan is targeted at large investors and the current controllers of Henan Billions. Therefore, although the stock price is under the issue price, the targets of the issue plan will still subscribe to the new shares.

Table of Contents of TiO2 China Monthly Report 1311

The China Titanium Week 2013: sluggish market status would last to the end of 2013

Domestic TiO2 price kept stable from mid-Oct. to mid-Nov. 

China's "Double 11" online shopping festival fails to live up to expectations for the coating industry

Wind power industry to bring recovering demand for heavy duty coating

Henan Billions to raise capital for its titanium slag project

CPI Yuanda acquires upstream SCR TiO2 supplier

Import volume increased by 22.42% while export volume declined by 6.46% in Sept.

Domestic TiO2 price may edge down after the traditional selling season

Domestic titanium feedstock supply increased in Sept. as domestic capacity expanded 

Domestic TiO2 market is improving as profitability improved and inventories fell in Q3

Titanium Dioxide China Monthly Report, issued by CCM on 25th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.

17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Find Hot News in Titanium Dioxide China Monthly Report 1311

Following are headline news of the Titanium Dioxide China Monthly Report:

The China Titanium Week 2013: sluggish market status would last to the end of 2013

In the China Titanium Week 2013, associations from Sichuan and Yunnan Province introduced the condition of local titanium industry, deputation of Vietnam invited Chinese partners to invest Vietnamese titanium industry, delegates considered the sluggish market status would last to the end of 2013.

Domestic TiO2 price kept stable from mid-Oct. to mid-Nov.

Both the domestic TiO2 price and titanium feedstock price kept stable during mid-Oct. to mid-Nov. and is likely to remain steady throughout the rest of 2013.

China's "Double 11" online shopping festival fails to live up to expectations for the coating industry

"Double 11" shopping festival did not bring the expected sales to the coating industry. E-commerce penetration for coating products still faces many problems.

Wind power industry to bring recovering demand for heavy duty coating

The recovery of the wind power industry will provide opportunities to upstream industries, including the heavy duty coating industry. This will stimulate the demand for TiO2 as it is applied in heavy duty coating manufacturing.

Henan Billions to raise capital for its titanium slag project

Henan Billions is entering into the upstream TiO2 industry by constructing a titanium slag production facility. The facility will not only guarantee its raw materials supply, but will also reduce the cyclical fluctuations in its profits.

CPI Yuanda acquires upstream SCR TiO2 supplier

CPI Yuanda has acquired 100% of its SCR TiO2 supplier Puyuan Chemical. This acquisition helps CPI Yuanda achieve vertical integration and will make the competition in the SCR TiO2 market even more intense.

Import volume increased by 22.42% while export volume declined by 6.46% in Sept.

In Sept., the import volume rebounded while the export volume declined after two months of growth. The 2013 full year export volume is estimated to reach the same level as last year.

Domestic TiO2 price may edge down after the traditional selling season

The domestic TiO2 price will inevitably edge down following the end of the traditional selling season because the downstream demand remains weak. However, technological breakthroughs in new application fields should bring about new opportunities for growth in China's TiO2 industry.

Domestic titanium feedstock supply increased in Sept. as domestic capacity expanded

Although the expansion of domestic titanium feedstock production capacity has reduced the domestic market's reliance on imports, domestic TiO2 producers will still use imported titanium feedstock to mix with domestic titanium feedstock in order to meet quality requirements.

Domestic TiO2 market is improving as profitability improved and inventories fell in Q3

Although the TiO2 shipment volume and the market condition of domestic TiO2 improved during Q3 2013 compared with Q2, the domestic TiO2 price is not likely to rise rapidly in Q4. Also, TiO2 enterprises' full year financial performances are predicted to be disappointing.

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

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

0001p=�n-
�A-�.13.5pt;background:white'>Domestic corn prices are predicted to decline in 2013/2014 due to the oversupply of corn in China. But the reduction range is also believed to be small, in view of China's government' efforts to protect the profits of domestic corn growers.

Shandong Longlive signs cooperative agreement with UFRJ

Shandong Longlive signs cooperative agreement with UFRJ

Export volume of China's syrup sorbitol increases sharply in May-July 2013

The export volume of China's syrup sorbitol was 22,248 tonnes in May -July 2013, up 55% YoY.

Baolingbao obtains patent certificate in Oct. 2013

Baolingbao obtains patent certificate in Oct. 2013

China's xylitol export in Jan. -July 2013: quantity increases sharply while price continues to decline

It is believed that the demand increase of China's xylitol from overseas market boosted its export volume in Jan. -July of 2013, while producers continued to face the falling export prices of their xylitol.

Baolingbao engaged in investments in banks' wealth management products since June 2013

Baolingbao is increasing its investment in wealth management products since June 2013. Though Baolingbao expressed that its purpose was to improve the service efficiency of its funds, the company is believed to have not much enthusiasm for its main business at present.

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

Email: econtact@cnchemicals.com

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Fax: 86-20-37616968

Import volume increased by 22.42% while export volume declined by 6.46% in Sept.

Although the expansion of domestic titanium feedstock production capacity has reduced the domestic market's reliance on imports, domestic TiO2 producers will still use imported titanium feedstock to mix with domestic titanium feedstock in order to meet quality requirements, according to Titanium China Monthly Report issued by CCM in October.

Both the domestic TiO2 price and titanium feedstock price kept stable during mid-Oct. to mid-Nov. and is likely to remain steady throughout the rest of 2013.

Although the TiO2 shipment volume and the market condition of domestic TiO2 improved during Q3 2013 compared with Q2, the domestic TiO2 price is not likely to rise rapidly in Q4. Also, TiO2 enterprises' full year financial performances are predicted to be disappointing.

The domestic TiO2 price will inevitably edge down following the end of the traditional selling season because the downstream demand remains weak. However, technological breakthroughs in new application fields should bring about new opportunities for growth in China's TiO2 industry.

Henan Billions is entering into the upstream TiO2 industry by constructing a titanium slag production facility. The facility will not only guarantee its raw materials supply, but will also reduce the cyclical fluctuations in its profits.

 In the China Titanium Week 2013, associations from Sichuan and Yunnan Province introduced the condition of local titanium industry, deputation of Vietnam invited Chinese partners to invest Vietnamese titanium industry, delegates considered the sluggish market status would last to the end of 2013.

The recovery of the wind power industry will provide opportunities to upstream industries, including the heavy duty coating industry. This will stimulate the demand for TiO2 as it is applied in heavy duty coating manufacturing.

CPI Yuanda has acquired 100% of its SCR TiO2 supplier Puyuan Chemical. This acquisition helps CPI Yuanda achieve vertical integration and will make the competition in the SCR TiO2 market even more intense.

"Double 11" shopping festival did not bring the expected sales to the coating industry. E-commerce penetration for coating products still faces many problems.

Table of Contents of TiO2 China Monthly Report 1311:

Import volume increased by 22.42% while export volume declined by 6.46% in Sept.

Domestic titanium feedstock supply increased in Sept. as domestic capacity expanded

Domestic TiO2 price kept stable from mid-Oct. to mid-Nov.

Domestic TiO2 market is improving as profitability improved and inventories fell in Q3

Domestic TiO2 price may edge down after the traditional selling season

Henan Billions to raise capital for its titanium slag project

The China Titanium Week 2013: sluggish market status would last to the end of 2013

Wind power industry to bring recovering demand for heavy duty coating

CPI Yuanda acquires upstream SCR TiO2 supplier

China's "Double 11" online shopping festival fails to live up to expectations for the coating industry

Titanium Dioxide China Monthly Report, issued by CCM on 25^th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Find Hot News in Titanium Dioxide China Monthly Report 1310

Following are headline news of the Titanium Dioxide China Monthly Report:

Abnormal weather and upgrading of existing waterproofing construction generate bright prospects for domestic waterproofing coatings producers

The abnormal and frequent floods in China this year and the upgrading of existing outdated constructions are generating opportunities for waterproofing materials producers. Oriental Yuhong, a major producer of waterproof materials and products, is predicted to exceed expectations regarding its performance in Q1-Q3 2013. Oriental Yuhong's performance reflects the bright prospects of the waterproof materials industry. Thus, the domestic demand for TiO2, which is used to manufacture waterproof materials, will correspondingly increase.

Changzheng Electric to enter into the upstream TiO2 industry through asset replacement

Changzheng Electric will enter into the TiO2 industry by replacing its non-performing wind power assets with ilmenite & zircon assets. This asset replacement is predicted to significantly improve its profitability.

Domestic TiO2 price slightly increased from mid-Sept. to mid-Oct. as downstream demand turned warmer

The recovery of the downstream demand in the third quarter led Sichuan Lomon to raise the price of its flagship product. This caused the other TiO2 related companies to follow Sichuan Lomon by increasing their prices for their own products. Sichuan Lomon's price increase also contributed to the relatively higher price of rutile TiO2 in Southwest China in Oct.

Letong Chemical announces the withdrawal of its application to raise capital for a 30,000t/a ink project

Letong Chemical recently announced that it is withdrawing its application to raise capital for a 30,000t/a ink production facility construction project. However, it will keep the construction of the project running while finding other ways to raise capital if necessary.

Total titanium feedstock supply volume increased by 17.81% in Aug.

The titanium feedstock supply in China dramatically increased by 17.81% MoM, indicating the optimistic prospects for TiO2 in the near future. Notably, despite the increasing supply in China, the volume of titanium feedstock imports fell by 8.40% MoM and 16.55% YoY.

Import volume declined by 9.42% while export volume kept growing in Aug.

TiO2 imports moderated its growth momentum while the export volume showed signs of recovery. It is predicted that the TiO2 export volume in 2013 may exceed that in 2012. The average import prices generally witnessed slight increases, while the export prices of five tracked domestic exporters continued to decline.

Huntsman's acquisition of Rockwood's TiO2 business likely to make the global TiO2 industry more concentrated among fewer enterprises

The disappointing market conditions in the TiO2 industry has led to increased merger and acquisition activities, and the global TiO2 industry is likely to become more concentrated with fewer players. Huntsman's acquisition of Rockwood's TiO2 business is one example of the consolidation within the industry. However, whether the mergers & acquisitions trend will catch on in China is uncertain, and there are domestic factors which make this unlikely.

Domestic TiO2 price may increase as DuPont and Huntsman lead the fourth wave of price increases in 2013

The consecutive price increase movements implemented by the multinational giants in the international TiO2 market may play a positive role in lifting up the domestic TiO2 price. Both the international and domestic TiO2 prices have remained low due to the sluggish market demand. However, the key factor behind the domestic TiO2 price is the supply and demand situation.

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

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Titanium Dioxide China Monthly Report 1309

Published on the 25^th every month, Titanium Dioxide China Monthly Report  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Titanium Dioxide market dynamics, analyze the market data and trends. TiO2 China Monthly Report will provide intelligence of Chinese TiO2 industry, including supply/demand, company dynamics, raw material supply, etc, and the latest policies and technological progress to facilitate your search for commercial opportunities in this promising market.

Following are headline news of the Titanium Dioxide China Monthly Report:

Increasing auto sales volume and customers' color predilection are expected to slightly boost the TiO2 demand

The production and sales volume of domestic automobile industry both saw double-digit YoY growth during Jan.–Aug. 2013. The growth in the automobile industry will help boost the demand for TiO2.

Domestic TiO2 price kept relatively stable from mid-Aug. to mid-Sept.

The domestic TiO2 prices were relatively stable from mid-Aug. to mid-Sept. Any future price increases may depend on a supply reduction if the downstream demand continues to weaken.

Nippon Paint (China) leagues with Gold Mantis to enter the construction decoration industry

Competition in the paint & coating industry is fierce. Therefore, vertical cooperation agreements such as the cooperation between Gold Mantis and Nippon Paint (China) is a wise strategy to further the common interests of both parties.

Lomon Corporation listed among 2013 Top 500 Chinese Private Manufacturing Enterprises

Lomon Corporation was selected as one of the 2013 Top 500 Chinese Private Manufacturing Enterprises and also as one of the 2013 Top Chinese Chemical Enterprises. These two achievements demonstrate Lomon Corporation's competitiveness among private manufacturing enterprises and in the domestic chemistry industry.

Total titanium feedstock supply volume increased slightly while average import price fell sharply in July

The domestic supply of titanium feedstock in July increased by 2.35% MoM, while the average import price fell sharply by 22.65% MoM. The decline proves that the attempts by titanium feedstock producers to raise prices during June have failed.

Import volume kept growth momentum while export volume reversed with double-digit MoM growth

During Jan. 2013–July 2013, China imported 116,582 tonnes and exported 240,128 tonnes of TiO2. Therefore, the Jan. 2013–July 2013 turnover for TiO2 was 356,710 tonnes, a decrease of 7.70% compared to 386,470 tonnes in the same epriod of 2012, mainly due to the weak demand of downstream industries.

China produced about 925 thousand tonnes of TiO2 in H1 2013, representing a YoY fall of 1.28%

China produced approximately 925 thousand tonnes of TiO2 in H1 2013, representing a YoY fall of 1.28%. The top five producers' market share increased by 6.22% YoY to 37.57%.

Listed TiO2 companies suffer average gross margin rate and total revenue fall in H1 2013

The five listed TiO2 companies' average gross margin from their TiO2 products fell by 10.10% in H1 2013. Also, their total revenue declined by 16.94% in H1 2013 compared with that in H1 2012.

Henan Billions acquires first prize in sci-tech achievement as reward for its study on SCR TiO2

The niche SCR TiO2 market in China has drawn many domestic TiO2 giants including Henan Billions who recently acquired the first prize of Science and Technology Achievement Award bestowed by the Department of Industry and Information Technology of Henan Province for its efforts on the study of SCR TiO2. However, the competition in the SCR TiO2 market might intensify with competitors' pouring into the market.

Sichuan Lomon to break off the cooperation with WTR for jointly developing a world-class ilmenite project

Sichuan Lomon has decided to break off the cooperation with WTR, mainly due to its recent fundraising difficulties. The cooperation with WTR was regarded as a crucial step for Sichuan Lomon's expansion as it was expected to provide Sichuan Lomon with sufficient titanium feedstock resources.