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.
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 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.
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.
Guangzhou
CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
Email: econtact@cnchemicals.com