Titanium Dioxide China Monthly Report
Welcome to the June Issue of Titanium Dioxide China Monthly Report.
China Titanium Dioxide Monthly Report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire TiO2 industry chain, from the upstream ilmenite and titanium slag markets to the downstream pigments, coatings and plastics markets.
Here is the Editor's Note for you to know about the June issue specifically:
In June 2021, there are not as many China's TiO2 enterprises increasing quotations as in previous months; domestic demand export demand weakened compared with earlier stage. TiO2 prices are expected to stay stable and high in the near future.
In June 2021, a few quotations were made in domestic ilmenite market and most miners were actively dealing orders of earlier stage. Some miners had to sell their products at lower prices out of capital turnover. Consequently, market prices of domestic ilmenite slipped gradually; particularly, transaction prices in the Panxi Area (Panzhihua and Xichang cities, Sichuan Province) and Hebei Province dropped slightly.
In Jan.–May 2021, the operating rates of domestic TiCl4 manufacturers mainly kept stable at around 40%. In terms of prices, TiCl4 prices showed an upward trend with slight fluctuates during the first five months this year and TiCl4 prices also maintained stability in May. On 31 May, mainstream market prices of TiCl4 in northeast China hit USD1,226.96/t–USD1,242.69/t (RMB7,800/t–RMB7,900/t); market prices were unstable in southern China but enterprises showed stronger eagerness to support prices compared with earlier stage, with prices mainly reaching around USD1,195.49/t (RMB7,600/t).
Important market dynamics in June 2021
Several TiO2 enterprises predicted that their performance in H1 2021 will improve YoY; particularly, Pangang Group Vanadium Titanium & Resources Co., Ltd. anticipated that its net profits attributed to shareholders of the listed company will attain USD70.79 million–USD83.37 million (RMB450 million–RMB530 million), up by 426%–519% YoY.
On 11 June, 2021, CNNC Hua Yuan Titanium Dioxide Co., Ltd. said on the interactive platform that the company plans to produce 335,000 tonnes of TiO2 this year.
On 2 June, 2021, the environmental impact assessment information of the 100,000 t/a chloride-process TiO2 expansion project of Henan Billions New Material Co., Ltd. was disclosed for the second time.
On 28 May, 2021, Lomon Billions Group Co., Ltd. announced that its wholly-owned subsidiary, Longbai Sichuan Titanium Co., Ltd., plans to set up a new company in Jinchang City, Gansu Province.
In May 2021, Deyang base of Lomon Billions Group Co., Ltd. produced 21,341 tonnes of TiO2; Jiaozuo base produced 20,266 tonnes of sulphate-process TiO2, edging up by 6.4% over the previous month and hitting a new record high. Lomon Billions predicts its net profits in H1 2021 to grow YoY.
Titanium Dioxide China Monthly Report is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
DESCRIPTION
China Titanium Dioxide Monthly Report provides you with real-time intelligence on China's titanium dioxide (TiO2) market.
China's titanium dioxide market is at a crossroads. As growth in the wider economy slows, Chinese TiO2 manufacturers are faced with slowing domestic demand, massive overcapacity and falling prices.
Big changes are underway as producers struggle to deal with this ‘new normal’. M&A activity is accelerating, and many companies are attempting to improve their product quality to become more competitive in the international market. Meanwhile, others are struggling to adapt to China's tightening environmental regulations.
China Titanium Dioxide Monthly Report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire TiO2 industry chain, from the upstream ilmenite and titanium slag markets to the downstream pigments, coatings and plastics markets. This includes:
China Titanium Dioxide Monthly Report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire TiO2 industry chain, from the upstream ilmenite and titanium slag markets to the downstream pigments, coatings and plastics markets.
Here is the Editor's Note for you to know about the June issue specifically:
In June 2021, there are not as many China's TiO2 enterprises increasing quotations as in previous months; domestic demand export demand weakened compared with earlier stage. TiO2 prices are expected to stay stable and high in the near future.
In June 2021, a few quotations were made in domestic ilmenite market and most miners were actively dealing orders of earlier stage. Some miners had to sell their products at lower prices out of capital turnover. Consequently, market prices of domestic ilmenite slipped gradually; particularly, transaction prices in the Panxi Area (Panzhihua and Xichang cities, Sichuan Province) and Hebei Province dropped slightly.
In Jan.–May 2021, the operating rates of domestic TiCl4 manufacturers mainly kept stable at around 40%. In terms of prices, TiCl4 prices showed an upward trend with slight fluctuates during the first five months this year and TiCl4 prices also maintained stability in May. On 31 May, mainstream market prices of TiCl4 in northeast China hit USD1,226.96/t–USD1,242.69/t (RMB7,800/t–RMB7,900/t); market prices were unstable in southern China but enterprises showed stronger eagerness to support prices compared with earlier stage, with prices mainly reaching around USD1,195.49/t (RMB7,600/t).
Important market dynamics in June 2021
Several TiO2 enterprises predicted that their performance in H1 2021 will improve YoY; particularly, Pangang Group Vanadium Titanium & Resources Co., Ltd. anticipated that its net profits attributed to shareholders of the listed company will attain USD70.79 million–USD83.37 million (RMB450 million–RMB530 million), up by 426%–519% YoY.
On 11 June, 2021, CNNC Hua Yuan Titanium Dioxide Co., Ltd. said on the interactive platform that the company plans to produce 335,000 tonnes of TiO2 this year.
On 2 June, 2021, the environmental impact assessment information of the 100,000 t/a chloride-process TiO2 expansion project of Henan Billions New Material Co., Ltd. was disclosed for the second time.
On 28 May, 2021, Lomon Billions Group Co., Ltd. announced that its wholly-owned subsidiary, Longbai Sichuan Titanium Co., Ltd., plans to set up a new company in Jinchang City, Gansu Province.
In May 2021, Deyang base of Lomon Billions Group Co., Ltd. produced 21,341 tonnes of TiO2; Jiaozuo base produced 20,266 tonnes of sulphate-process TiO2, edging up by 6.4% over the previous month and hitting a new record high. Lomon Billions predicts its net profits in H1 2021 to grow YoY.
Titanium Dioxide China Monthly Report is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
DESCRIPTION
China Titanium Dioxide Monthly Report provides you with real-time intelligence on China's titanium dioxide (TiO2) market.
China's titanium dioxide market is at a crossroads. As growth in the wider economy slows, Chinese TiO2 manufacturers are faced with slowing domestic demand, massive overcapacity and falling prices.
Big changes are underway as producers struggle to deal with this ‘new normal’. M&A activity is accelerating, and many companies are attempting to improve their product quality to become more competitive in the international market. Meanwhile, others are struggling to adapt to China's tightening environmental regulations.
China Titanium Dioxide Monthly Report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire TiO2 industry chain, from the upstream ilmenite and titanium slag markets to the downstream pigments, coatings and plastics markets. This includes:
- Breaking news from China and abroad
- The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
- In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
- Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations
Headline
Editor's Note
Column 1 Market Dynamics
Current coating purchasing costs are higher over same period in previous years
TiO2 enterprises stepping into field of LiFePO4 production
TiCl4 production in May 2021
Column 2 Company Dynamics
Several TiO2 enterprises expect H1 2021 performance to grow YoY
TiO2 output of two bases of Lomon Billions
Lomon Billions to build subsidiary in Gansu
H1 2021 performance forecast of Huiyun Titanium
CNNC TD plans to produce 335,000 tonnes of TiO2 in 2021
Billions New Material's chloride-process TiO2 expansion project
Titanium slag output of Pangang Vanadium Titanium's smelter hits new high
Column 3 Political Factors
Amendment to petrochemical industry standard
Chengdu government-funded projects to use waterborne building coatings
Column 4 Downstream Industrial Information
Nippon Wangcheng base project launches production
Hempel purchases breakthrough coating technology
Zhuzhou Feilu postpones waterborne coating project
Opening of Nippon Changrunfa plant
Column 5 Import & Export
China's TiO2 exports in May 2021 increase YoY
China's ilmenite imports drop YoY in May 2021
Column 6 Price Update
TiO2 prices remain stable at high level
Transaction prices of ilmenite in some areas in June 2021
Editor's Note
Column 1 Market Dynamics
Current coating purchasing costs are higher over same period in previous years
TiO2 enterprises stepping into field of LiFePO4 production
TiCl4 production in May 2021
Column 2 Company Dynamics
Several TiO2 enterprises expect H1 2021 performance to grow YoY
TiO2 output of two bases of Lomon Billions
Lomon Billions to build subsidiary in Gansu
H1 2021 performance forecast of Huiyun Titanium
CNNC TD plans to produce 335,000 tonnes of TiO2 in 2021
Billions New Material's chloride-process TiO2 expansion project
Titanium slag output of Pangang Vanadium Titanium's smelter hits new high
Column 3 Political Factors
Amendment to petrochemical industry standard
Chengdu government-funded projects to use waterborne building coatings
Column 4 Downstream Industrial Information
Nippon Wangcheng base project launches production
Hempel purchases breakthrough coating technology
Zhuzhou Feilu postpones waterborne coating project
Opening of Nippon Changrunfa plant
Column 5 Import & Export
China's TiO2 exports in May 2021 increase YoY
China's ilmenite imports drop YoY in May 2021
Column 6 Price Update
TiO2 prices remain stable at high level
Transaction prices of ilmenite in some areas in June 2021
