Find hot news in titanium dioxide china monthly report 1310
Find Hot News in Titanium Dioxide China Monthly Report 1310
Tag: TiO2, Price, Import volume, Export volume, Trend, Production, Huntsman Corporation,
Coatings, Automobile, Titanium feedstock
Summary: Titanium Dioxide China Monthly Report offers timely update and close follow up
of China’s various kind of Titanium Dioxide market dynamics.
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:
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The abnormal and frequent floods in China this year and the upgrading of existing outdated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
Domestic TiO2 price slightly increased from mid-Sept. to mid-Oct. as downstream demand
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.
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