TiO2 China Monthly Report 1107
A climate of unrest appears in China's economy, with 6.4% increase in CPI and 1.1% decrease in PMI in June 2011.
Premier Wen Jiabao called for intensified efforts to save energy and reduce emissions at a meeting on July 19, 2011. He added that China would press ahead with reforms of resource taxes and environmental taxes, and adjust import and export duties to curb export of high energy-consuming and high-pollution products.
The shortage of titanium feedstock continues, due to output decline and great demand all over the world. In domestic market, titanium feedstock prices keep an uptrend.
China's TiO2 industry is in a booming period, enjoying global strong demand and rising prices. Henan Billions is one of the producers that have seized the opportunity. However, TiO2 prices become relatively stable in domestic market, due to weak demand in this slack season.
The coating industry in China sees great output growth this year, but its profit is seriously affected by high raw material cost.
Premier Wen Jiabao called for intensified efforts to save energy and reduce emissions at a meeting on July 19, 2011. He added that China would press ahead with reforms of resource taxes and environmental taxes, and adjust import and export duties to curb export of high energy-consuming and high-pollution products.
The shortage of titanium feedstock continues, due to output decline and great demand all over the world. In domestic market, titanium feedstock prices keep an uptrend.
China's TiO2 industry is in a booming period, enjoying global strong demand and rising prices. Henan Billions is one of the producers that have seized the opportunity. However, TiO2 prices become relatively stable in domestic market, due to weak demand in this slack season.
The coating industry in China sees great output growth this year, but its profit is seriously affected by high raw material cost.
Contents
Supply & DemandChina's TiO2 trade surplus hit record high
Upstream
Titanium feedstock import volume continues to decline in May
Kenmare expects to gain market share
Iluka's ilmenite production decreases
Rio Tinto posts weak titanium feedstock production
Company Dynamic
Henan Billions goes public on July 15
CNNC Huayuan's restructuring fizzles out again
Pangang Group sees strong output
Tronox benefits from restructuring and strong demand
Huntsman wins 2011 Low Carbon Award
South Korea to end anti-dumping duties on China's TiO2
Downstream
China's coating output grows rapidly
Carpoly outstands coating producers in Asia Pacific
Kansai Paint sets up Chongqing base
Leading coating companies report great revenue growth
Price update
Price update of TiO2 and its feedstock in July 2011
TiO2 price increases in North America
DTT announces price increase effective in Sept. 2011
COMPANIES MENTIONED
Pangang Group
CNNC Huayuan
Henan Billions
Carpoly
Chongqing Kansai Paint
COSCO Kansai
Shandong Dongjia Skip to top