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 Jan.
issue specifically:
In Jan. 2017, led by Henan Billions, China's leading TiO2
enterprises raised their quoted prices, marking the first round of price rises
in the domestic TiO2 market in 2017, which can attribute to the lower overall
operating rates and the driving of export business. However, few transactions
were made because its upstream and downstream industries are in the slack
season. Publisher is of the opinion that the TiO2 price is likely to continue
increasing in 2017, given the price hikes made by several international TiO2
giants,domestic rising raw materials prices and stricter environmental
policies.
Market dynamics of titanium products in Jan. 2017
Ilmenite
The business remained stable and overall operating rate
slightly declined.
High titanium slag
The producers raised their quotations of new orders, caused
by rising raw materials costs.
Acid dissolved titanium slag
The price kept increasing. The operating rates rose,
influenced by booming TiO2 market in 2016.
Import and export sectors of TiO2
In Nov. 2016, China's import volume of TiO2 largely
increased by 44.86% MoM, and its export volume also slightly rose. The main
reasons for better performance in the export business are the continuous
depreciation of RMB and domestic enterprises' increasing their export scales.
In fact, many TiO2 producers exported their products with low prices while seek
more high profit margins in the domestic market.
Important market dynamic
On 16 Jan., 2017, Zechang Titanium signed a technology
cooperation agreement with Inter-China Chemical, a step to develop a new type
of high value-added and world-class rutile TiO2 specifically designed for
plastic. Meanwhile, Zechang Titanium stated that it has fully resumed
production and is creating new profit sources.
On 30 Dec., 2016, Pangang Vanadium Titanium announced that
it would inject USD43.17 million in capital into its fully-owned subsidiary
Pangang Vanadium, a move to further develop its vanadium business. However,
Publisher thinks that the company is still facing the risk of listing
suspension due to the consecutive losses it has witnessed since 2014, despite
its recent positive strategic transformation.
The USD/RMB exchange rate in this newsletter is
USD1.00=RMB6.9498 on 3 Jan., 2017, sourced from the People's Bank of China. All
the prices mentioned in this newsletter will include the VAT, unless otherwise
specified.
If you would like to cover any specific topics or
investigate any covered subjects in more details, please contact us on +86-20-
3761 6606, or econtact@cnchemicals.com.
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.
Spanning over 28 pages “Titanium Dioxide
China Monthly Report 1701” report covers Market Dynamics, Company Dynamics, Upstream
Industrial Information, Downstream Industrial Information. This report Covered
Companies - Pangang Group Vanadium & Titanium Resources Co., Ltd.; Jilin
GPRO Titanium Industry Co., Ltd.; Henan Billions Chemicals Co., Ltd.; Yunnan
Zechang Titanium Co., Ltd.; Baoji Titanium Industry Co., Ltd.; Sichuan Lomon
Titanium Industry Co., Ltd.
For
more information Visit at: http://mrr.cm/3y6
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