Monday, July 15, 2013

Find Hot News in Titanium Dioxide China Monthly Report 1306

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’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:
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. 

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