TiO2 China Monthly Report 1401
出版日期：2014/01/24
頁 數：18頁
文件格式：PDF
價 格：
USD 3,013 (Single-User License)
USD 7,533 (Multi-User License)
USD 7,533 (Multi-User License)
On Jan. 21, 2014, the National Bureau of Statistics of China (NBS) reported China's GDP (gross domestic product) in 2013, which was USD9.29 trillion, attaining a YoY growth rate of 7.7%. The 7.7% growth rate was higher than government's target, but obtained a 14 years' low. Meanwhile, due to government's control on real estate industry, the growth rate of domestic real estate industry in 2013 was 6.6%, which was 1.1% lower than the GDP growth.
In the beginning of 2014, domestic TiO2 price declined further and the approaching of Spring Festival made the market more sluggish. Most domestic TiO2 producers took advantage of the Spring Festival to maintain their facilities. According to CCM's investigation, China totally produced 1.90 million tonnes of TiO2 in 2013, which was the same level as in 2012. However, the export volume of TiO2 in 2013 is expected to increase slightly while the domestic demand remained soft, and the TiO2 inventory at the end of 2013 was at a high level. Despite all of these, SRL, one upstream producer, still largely increased its 2013 production and projected to keep high production target in 2014. The downstream users continued to benefit from the declining TiO2 price, according to KNT's financial bulletin, it's profit would increase by 26% to 44% due to the increasing auto production led to higher sales volume and the lower cost led by declining raw materials price.
Besides, since Feb. 2014, the whole issue of Titanium Dioxide China Monthly Report will be published on 26th every month.
The exchange rate in Jan. 2014, USD1=RMB6.12; EUR1=RMB8.36 (Source: The People's Bank of China)
For further information, please feel free to contact us by +86-20-3761 6606, or econtact@cnchemicals.com.
In the beginning of 2014, domestic TiO2 price declined further and the approaching of Spring Festival made the market more sluggish. Most domestic TiO2 producers took advantage of the Spring Festival to maintain their facilities. According to CCM's investigation, China totally produced 1.90 million tonnes of TiO2 in 2013, which was the same level as in 2012. However, the export volume of TiO2 in 2013 is expected to increase slightly while the domestic demand remained soft, and the TiO2 inventory at the end of 2013 was at a high level. Despite all of these, SRL, one upstream producer, still largely increased its 2013 production and projected to keep high production target in 2014. The downstream users continued to benefit from the declining TiO2 price, according to KNT's financial bulletin, it's profit would increase by 26% to 44% due to the increasing auto production led to higher sales volume and the lower cost led by declining raw materials price.
Besides, since Feb. 2014, the whole issue of Titanium Dioxide China Monthly Report will be published on 26th every month.
The exchange rate in Jan. 2014, USD1=RMB6.12; EUR1=RMB8.36 (Source: The People's Bank of China)
For further information, please feel free to contact us by +86-20-3761 6606, or econtact@cnchemicals.com.
TiO2 import volume soared while export volume increased moderately in Nov.
Titanium feedstock imports increased while domestic output fell in Nov.
Domestic TiO2 market becomes quieter before the Spring Festival
Export growth to be the driving factor for China's TiO2 consumption in 2014
China produced around 1.90 million tonnes of TiO2 in 2013
It's wise for Shandong Dongjia to halt its IPO application
SRL attains massive growth in production but suffers massive drop in profit in 2013
Comparison of TiO2 properties indicators and requirements of end users
Increasing domestic auto output and lower raw material cost increase KNT's profit
Aroused public concern over pipeline safety to bring opportunities for anti-corrosion coating
Titanium feedstock imports increased while domestic output fell in Nov.
Domestic TiO2 market becomes quieter before the Spring Festival
Export growth to be the driving factor for China's TiO2 consumption in 2014
China produced around 1.90 million tonnes of TiO2 in 2013
It's wise for Shandong Dongjia to halt its IPO application
SRL attains massive growth in production but suffers massive drop in profit in 2013
Comparison of TiO2 properties indicators and requirements of end users
Increasing domestic auto output and lower raw material cost increase KNT's profit
Aroused public concern over pipeline safety to bring opportunities for anti-corrosion coating
