TiO2 Price Expected to Rebound in Future Months

CCM’s August issue of TiO2 China Monthly Report has come out recently, showing that China's TiO2 price declines in August 2011 due to weak demand, but it is expected to rebound in future months.

Domestic TiO2 price started to decrease in August 2011, as China's TiO2 producers have been depressed by the weak demand in June and July. For example, in late July, Sichuan Lomon decreased price of its rutile TiO2 sold to some large customers, with the markdown in the range of USD78/t to USD156/t. The company said it had no way but to decrease price to gain market share as it had too much inventory.

However, it is estimated that TiO2 price might rebound in future months, which is an exciting news for TiO2 producers. There are two reasons to explain it below. Firstly, the inventories are limited relatively to the demand at home and abroad, so the degree of the price decrease is small and the period is short. Secondly, the motive force from high titanium feedstock cost and possible demand recovery in following months will drive up TiO2 price.

The following highlights are covered in the August issue of TiO2 China Monthly Report:

-China's TiO2 average export price exceeds average import price for the first time.

-Anhui Goldstar will succeed Shandong Dongjia as CNNC Huayuan's trustee.

-Jiangxi Tianguang's first phase TiO2 project meets related requirements.

-Anhui Annada triples its profit on higher TiO2 prices and optimized product structure.

-China's titanium feedstock import volume rebounds in June 2011.

-AkzoNobel strengthens presence in western China.

-China's TiO2 price declines in August 2011 due to weak demand

-TiO2 multinationals announce new round of price hikes.

If you are interested in CCM’s TiO2 China Monthly Report, please go to http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html or contact us at econtact@cnchemicals.com.

(Guangzhou China, August 26, 2011)

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

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

Yellow Phosphorus Export Still Sluggish

CCM has launched the first issue of Phosphorus Industry China Monthly Report, which indicates that yellow phosphorus export is still sluggish without special export tariff.

It is reported that China's government levied 100% special export tariff on yellow phosphorus from May 20^th , 2008 and Dec. 31^st , 2008. However, it made downward adjustments for three times during the financial crisis to stimulate export and finally eliminate the special export tariff from July 1^st , 2009. China's yellow phosphorus monthly export volume surged in July 2009, thanks to the elimination of the special export tariff since this month.

China's export volume of yellow phosphorus kept stable after the elimination of special export tariff. However, it dropped obviously since the beginning of 2011. China totally exported 6,340 tonnes of yellow phosphorus between January and May in 2011, only one half of that in the same period last year.

The obvious drop of export volume is probably owing to the soaring price and the increased domestic demand. Compared with the same period last year, average export price of yellow phosphorus increased by more than 20% in 2011.

In the remainder of 2011, price of yellow phosphorus is expected to keep rising and the demand from downstream industry will keep strong. As a result, the export volume of yellow phosphorus will still be downward.

Main Content of first issue of Phosphorus Industry China Monthly Report:

-MIIT to promulgate Entry Criteria for Phosphate and Ammonium Production

-Yellow phosphorus export still sluggish without special export tariff

-NDRC regulates phosphate industry development

-China continues to eliminate yellow phosphorus inefficient production capacity

-Import & export analysis of some phosphate chemicals

-Phosphate fertilizer industry to see industrial integration

-China encourages low grade phosphorus ore exploitation

-Leibo County strengthens phosphorus chemical industry development

-Wengfu extends product portfolio

-Hubei Xingfa cooperates with Dequest to develop phosphate chemicals

-Large phosphorus ore exploiters benefit from policy switch

-Price monitor of some phosphate chemicals

If you are interested in CCM’s Phosphorus Industry China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.

(Guangzhou China, August 26, 2011)

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

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

Glyphosate Market in China Remains Sluggish

CCM’s August issue of Herbicides China News indicates that glyphosate price in China still floats at a low level in the first seven months of 2011.

The average ex-work price of glyphosate 95% technical fluctuates around USD3,500/t in the first seven months of 2011. The low price hurts all glyphosate manufacturers in China. There is limited profit room for glyphosate production nowadays.

Overcapacity in domestic glyphosate manufacture is the main reason for the current sluggish situation. As the most popular herbicide with the largest consumption volume in the world, glyphosate still faces excessive supply at present.

It is estimated that the glyphosate market in China would restore to balance in the future. But this process might take a long time, which means Chinese glyphosate manufacturers should struggle to survive in glyphosate business.

The following highlights are covered in the August issue of Herbicides China News:

-Lier Chemical’s growth of net profit in H1 2011 is attributed to the integration of Jiangsu Kuaida's financial reporting, not caused by actual increase in earning.

-Lianhe Technology met continuous growth in revenue and net profit in H1 2011.

-Nanjing Redsun won final approval for asset reorganization from CSRC.

-Vertellus expands pyridine production chain in China.

-CAC Group's capacities of asulam and fluorochloridone run smoothly at present after the relocation into CAC Nantong.

-Shandong Dacheng relocates a 5,000t/a paraquat capacity and several capacities of insecticides and fungicides as well as chemical materials.

-Huayang Technology sold chloroacetic acid business.

-Chinese herbicide market was repressed in H1 2011 by several adverse factors such as the long-lasting inflation and abnormal climate in home market, as well as debt crisis in EU and the US.

-Poor glyphosate price torments Chinese pursuers.

-Diuron price floats on high level this July with tense supply in China.

-Now Jiangsu Huifeng's 2,4-D is exported to overseas market primarily.

-Jiangsu Repont's 1,000t/a sulfonylurea herbicide project is under civil construction now.

-Amide herbicide witnesses supply shortage in July, leading to the uptrend of its price.

-Lier Chemical will start glufosinate-ammonium production in H2 2011.

-Trifluralin meets price uptrend in July.

 (Guangzhou China, August 25, 2011 )

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

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

CCM to Speak on China TiO2 Manufacturing & Applications Forum 2011

China TiO2 Manufacturing & Applications Forum 2011 is going to be held from Sep 17 to Sep 18, 2011, in Beijing Wuhuan Hotel. Jack Lin, CCM’s professional TiO2 researcher, has been engaged in TiO2 research for several years and enjoys rich experience in speaking. He will deliver a speech about the utilization and development of Titanium resources.

Jack published three versions of reports on TiO2 in 2008, 2009 and 2010, together with one newsletter TiO2 China Monthly Report. He also delivered speeches in TiO2 Annual Conference 2009, TiO2 Manufacturing and Applications Forum 2010, CCM’s TiO2  Workshop 2010 and TiO2  Workshop 2011.

Jack’s works and speeches received a good reputation among readers and participants, especially the speech on last year’s forum made great influence to the TiO2 industry home and abroad. With unique perspective, he is going to share his insightful idea during this year’s TiO2 forum.

Aiming to further promote the development of TiO2 industry, the forum also attracts experts from leading TiO2 companies, such as DUPONT, Tronox, ISK, AKZONOBEL, PPG and Sherwin-Williams, etc. Around 200 attendees will be present, including leaders of government agencies and corporate executives from TiO2 upstream and downstream industries.

 (Guangzhou China, August 25, 2011)

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

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

CCM to Attend 8th China International SME Fair

CCM is going to attend the 8th China International Small and Medium Enterprises Fair, to be held from 22 Sept to 25 Sept, 2011, in Guangzhou International Convention and Exhibition Center.

China International SME Fair (CISMEF) is an international fair that specially serves SEMs with the largest and highest level in China. It offers an ideal platform for CCM to display its outsourcing achievement, promote branded company image and explore more business opportunities. CCM is looking forward to seeing you during the fair!

(Guangzhou China, August 25, 2011)

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

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

Annada's Profit Nearly Triples in H1 2011

On 16 August 2011, Anhui Annada Titanium Industry Co., Ltd. (Annada) reported strong financial results in H1 2011. Its revenue was USD56 million, increasing by 42.70% over the same period last year. Annada's profit reached USD6 million, nearly doubled that of H1 2010. The high revenue and profit growth are mainly due to higher TiO2 selling prices and optimized product structure, according to CCM’s August issue of TiO2 China Monthly Report.

Annada has taken the advantage of global economic recovery and strong demand of TiO2, overcoming the adverse effect of continually rising feedstock prices by increasing product prices in time. The revenue of rutile TiO2 increased by 79.18% thanks to higher prices and sales volume. The gross profit margin of both anatase TiO2 and rutile TiO2 increased by 4.42% year on year.

In H1 2011, the company's product structure was further optimized. The proportion of high-profit rutile TiO2 sales in total revenue increased from 64.54% in H1 2011 to 80.90%, while the proportion of anatase TiO2 sales in total revenue decreased from 35.46% in H1 2010 to 19.10%.

In the same period, Annada has further improved its sales network. As a result, its revenue in the markets of northeastern of China and South China increased and the revenue consolidated in East China market. What's more, the proportion of exports has increased substantially.

On 18 Feb. 2011, Annada issued 28,590 thousand shares through non-public offering to seven specific investors, including its parent company Tongling Chemical Industry Group Co., Ltd. (Tonghua Group), in order to raise fund for its 40,000t/a rutile TiO2 technical renovation project.

Annada expects its revenue and profit continue to grow in the second half of 2011, and estimates year-on-year profit increase will be in the range of 190% to 240% in the first nine months of 2011.
(Guangzhou China, August 26, 2011)

Source: TiO2 China Monthly Report 1108

http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html

Content of TiO2 China Monthly Report 1108:

China's TiO2 average export price exceeds import price

China's titanium feedstock import volume rebounds in June

Iluka to resume its Eneabba mining activities

ERAMET, MDL to set up a joint venture

Base reports good progress on Kwale Project

Annada's profit nearly triples in H1 2011

Huntsman Pigments' Q2 adjusted EBITDA up 135%

Rockwood TiO2 segment enjoys strong results

Kronos TiO2 segment's profit up 257% in Q2 2011

DuPont's revenue up 19% on higher prices

Anhui Goldstar to manage CNNC Huayuan

Jiangxi Tianguang's new project meets requirements

Jilin Fiber faces challenges in 2011

Sanxia Paint's profit down 21.2% in H1 2011

Wuhan Plastics reports strong profit growth

Dow's profit increases by 55.7% in H1 2011

AkzoNobel to set coating base in western China

China's TiO2 price declines in August

TiO2 multinationals announce new round of price hikes

Editor’s Note

China's CPI reached record 6.5% in July 2011, indicating that the inflation hasn't been tackled yet. But the PMI in July declined to 50.7%, reaching the lowest in 29 months.

Domestic TiO2 prices started to decrease in August 2011, as China's TiO2 producers have been depressed by the weak demand in June and July. Most producers have benefited from price upsurge in H1 2011, but they may lower their expectations in the second half this year.

The TiO2 downstream companies saw profit decrease in H1 2011, as the costs of TiO2 and other raw materials increased largely in this period.

In order to regulate the coating market, 14 national mandatory standards regarding to coatings have been implemented since 1 August 2011.

As for titanium feedstock, major foreign suppliers took measures to increase production.

TiO2 China Monthly Report, a monthly publication issued by CCM International on 25^th of every month, will penetrate into Chinese TiO₂ market from a global view, deeply analyse TiO2 industrial chain and manufacturers’ competitiveness and trace the latest industrial hotspots and dynamics, aiming to provide the most valuable information about China’s TiO2 industry.

Please visit http://www.cnchemicals.com for more information or contact us at econtact@cnchemicals.com

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

China's TiO2 Price Declines in August

Due to sluggish demand and capacity expansion, China's TiO2 price in domestic market declines in August 2011. It reflects a compromise of TiO2 producers to break the deadlock between downstream buyers and themselves, which has last for almost two months, according to CCM’s August issue of TiO2 China Monthly Report.

In late July, Sichuan Lomon decreased prices of its rutile TiO2 sold to some large customers, with the markdown in the range of USD78/t to USD156/t. The company said it had no way but to decrease prices to gain market share as it had too much inventory.

…

However, China's TiO2 producers are optimistic about the rebound of TiO2 prices in future months. For one thing, the inventories are limited relative to the demand from home and abroad, so the degree of the price decrease is small and the period is short. For another thing, the motive force from high titanium feedstock costs and possible demand recovery in following months will drive up TiO2 prices.(Guangzhou China, August 26, 2011)

Source: TiO2 China Monthly Report 1108

http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html

Content of TiO2 China Monthly Report 1108:

China's TiO2 average export price exceeds import price

China's titanium feedstock import volume rebounds in June

Iluka to resume its Eneabba mining activities

ERAMET, MDL to set up a joint venture

Base reports good progress on Kwale Project

Annada's profit nearly triples in H1 2011

Huntsman Pigments' Q2 adjusted EBITDA up 135%

Rockwood TiO2 segment enjoys strong results

Kronos TiO2 segment's profit up 257% in Q2 2011

DuPont's revenue up 19% on higher prices

Anhui Goldstar to manage CNNC Huayuan

Jiangxi Tianguang's new project meets requirements

Jilin Fiber faces challenges in 2011

Sanxia Paint's profit down 21.2% in H1 2011

Wuhan Plastics reports strong profit growth

Dow's profit increases by 55.7% in H1 2011

AkzoNobel to set coating base in western China

China's TiO2 price declines in August

TiO2 multinationals announce new round of price hikes

Editor’s Note

China's CPI reached record 6.5% in July 2011, indicating that the inflation hasn't been tackled yet. But the PMI in July declined to 50.7%, reaching the lowest in 29 months.

Domestic TiO2 prices started to decrease in August 2011, as China's TiO2 producers have been depressed by the weak demand in June and July. Most producers have benefited from price upsurge in H1 2011, but they may lower their expectations in the second half this year.

The TiO2 downstream companies saw profit decrease in H1 2011, as the costs of TiO2 and other raw materials increased largely in this period.

In order to regulate the coating market, 14 national mandatory standards regarding to coatings have been implemented since 1 August 2011.

As for titanium feedstock, major foreign suppliers took measures to increase production.

TiO2 China Monthly Report, a monthly publication issued by CCM International on 25^th of every month, will penetrate into Chinese TiO₂ market from a global view, deeply analyse TiO2 industrial chain and manufacturers’ competitiveness and trace the latest industrial hotspots and dynamics, aiming to provide the most valuable information about China’s TiO2 industry.

Please visit http://www.cnchemicals.com for more information or contact us at econtact@cnchemicals.com

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