TiO2 China Monthly Report 1210

Date: October 25, 2012
Pages: 12
US$ 3,564.00
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Publisher: Guangzhou CCM Information Science & Technology Co., Ltd. (CCM)
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: T26340993DFEN

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TiO2 China Monthly Report 1210
Welcome to TiO2 China Monthly Report Oct. issue.

On Oct. 18, National Bureau of Statistics of China (NBS) announced that, in the first three quarters of 2012, the gross domestic product (GDP) is USD5,575 trillion with a year-on-year increase of 7.7%. Thereinto, the growth rate in Q1 is 8.1%; the growth rate in Q2 is 7.6%; the growth rate in Q3 gets 7.4%. Even though the growth rate of GDP is still lower than the expectation of 8%, most economists consider it reflects that China's economy is touching the bottom. During Q4, the fixed asset investment on national railway will reach USD47 trillion while the fixed asset investment during Jan. 2012 to Sept. 2012 is USD54.3 trillion. Because railway's fixed asset investment can largely stimulate investment on other fields, it is considered that it will stimulate the whole economy in China.

In Aug., China imported 11,373 tonnes of TiO2, down by 14.2% compared with 13,257 tonnes as reported in July 2012. China exported 27,947 tonnes of TiO2, down by 22.2% compared with 35,910 tonnes as reported in July 2012. As for the upstream, Z-Ti finished its 30,000t/a synthetic rutile project in Sept. 2012, which will provide high grade titanium feedstock for China. Domestic titanium concentrate ore output in 2012 will increase by at least 20% compared with that in 2011 in an estimate. For TiO2 industry, customer destocking leads to a weak demand for TiO2. Even though some big TiO2 producers in China raise TiO2 price from USD32/t to USD80/t, the price increase is not supported by the market. As for the downstream, in Aug., China produces 1,107,000 tonnes of coating with a year-on-year growth of 10.6%. Besides, coating brands in China, including some famous ones, are to blame for cheating customers by exaggerating their functions.

Exchange rates in Oct. 2012, USD1=RMB6.34; EUR=RMB8.16
Supply & Demand
China's TiO2 export and import situation in Aug. 2012
Company dynamics
DuPont to supply TiO2 to First Coating for five years
Z-Ti completes its 30,000t/a synthetic rutile project
Imported VS domestic: imported TiO2 losing its advantages
After-treatment TiO2 manufacture in China
Kronos' Q3 performance indicating market trend
Titanium feedstock import situation in China in Aug. 2012
Hiking Group signs ten-year titanium feedstock purchase contract with QIM in Australia
Output and price of domesic titanium concentrate ore from Jan. to Aug. 2012
Sipeng Chemicals to build TiO2 after-treatment product production line
Coating output distribution in China
Some domestic coating brands accused of exaggerating products'oxymethylene-eliminated function
Price Update
TiO2 price keeps stable in China in Oct. 2012
TiO2 China Monthly Report 1305 US$ 3,564.00 May, 2013 · 20 pages
TiO2 China Monthly Report 1201 US$ 3,564.00 Jan, 2012 · 15 pages
TiO2 China Monthly Report 1204 US$ 3,564.00 Apr, 2012 · 10 pages
TiO2 China Monthly Report 1205 US$ 3,564.00 May, 2012 · 10 pages
TiO2 China Monthly Report 1207 US$ 3,564.00 Jul, 2012 · 11 pages

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