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
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leading market research consulting company in China with more than
10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters,
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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
Tel: 86-20-37616606
Fax: 86-20-37616968
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