TiO2 Price Expected to Rebound in Future Months

CCM’s August issue of TiO2 China Monthly Report has come out recently, showing that China's TiO2 price declines in August 2011 due to weak demand, but it is expected to rebound in future months.
 
 
Spread the Word
Listed Under

Tags:
TiO2 price
Tio2
China
Titanium
TiO2 producer
Sichuan Lomon
Titanium Feedstock
Supply
Demand
Capacity

Industry:
Marketing

Location:
Guangzhou - Guangdong - China

Aug. 30, 2011 - PRLog -- CCM’s August issue of TiO2 China Monthly Report has come out recently, showing that China's TiO2 price declines in August 2011 due to weak demand, but it is expected to rebound in future months.

Domestic TiO2 price started to decrease in August 2011, as China's TiO2 producers have been depressed by the weak demand in June and July. For example, in late July, Sichuan Lomon decreased price of its rutile TiO2 sold to some large customers, with the markdown in the range of USD78/t to USD156/t. The company said it had no way but to decrease price to gain market share as it had too much inventory.

However, it is estimated that TiO2 price might rebound in future months, which is an exciting news for TiO2 producers. There are two reasons to explain it below. Firstly, the inventories are limited relatively to the demand at home and abroad, so the degree of the price decrease is small and the period is short. Secondly, the motive force from high titanium feedstock cost and possible demand recovery in following months will drive up TiO2 price.

The following highlights are covered in the August issue of TiO2 China Monthly Report:
-China's TiO2 average export price exceeds average import price for the first time.
-Anhui Goldstar will succeed Shandong Dongjia as CNNC Huayuan's trustee.
-Jiangxi Tianguang's first phase TiO2 project meets related requirements.
-Anhui Annada triples its profit on higher TiO2 prices and optimized product structure.
-China's titanium feedstock import volume rebounds in June 2011.
-AkzoNobel strengthens presence in western China.
-China's TiO2 price declines in August 2011 due to weak demand
-TiO2 multinationals announce new round of price hikes.

If you are interested in CCM’s TiO2 China Monthly Report, please go to http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.... or contact us at econtact@cnchemicals.com.
(Guangzhou China, August 26, 2011)


About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

# # #

CCM is an consulting company located in China, with services like market report, newsletter, database, price monitoring, export/import analysis, conference etc. CCM's foucusing is Agrochemicals market, food ingredients market, fine chemicals market.
End
Source:Clair Lin
Email:***@cnchemicals.com
Posted By:***@cnchemicals.com Email Verified
Phone:+862037616606
Zip:510000
Tags:TiO2 price, Tio2, China, Titanium, TiO2 producer, Sichuan Lomon, Titanium Feedstock, Supply, Demand, Capacity
Industry:Marketing
Location:Guangzhou - Guangdong - China
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Biotechnology_CCM International Limited PRs
Trending News
Top Daily News
Top Weekly News



Like PRLog?
9K2K1K
Click to Share