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TiO2 China Monthly Report 1108 Published on August 2011

Report Summary China's CPI reached record 6.5% in July 2011, indicating that the inflation hasn't been tackled yet. But the PMI in July declined to 50.7%, reaching the lowest in 29 months. Domestic TiO2 prices started to decrease in August 2011, as China's TiO2 producers have been depressed by the weak demand in June and July. Most producers have benefited from price upsurge in H1 2011, but they may lower their expectations in the second half this year. The TiO2 downstream companies saw profit decrease in H1 2011, as the costs of TiO2 and other raw materials increased largely in this period. In order to regulate the coating market, 14 national mandatory standards regarding to coatings have been implemented since 1 August 2011. As for titanium feedstock, major foreign suppliers took measures to increase production. 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.

Table of Content Supply & Demand China's TiO2 average export price exceeds import price Upstream China's titanium feedstock import volume rebounds in June

TiO2 China Monthly Report 1108 (From Issuu)

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>> Get this Report Now by email! Iluka to resume its Eneabba mining activities ERAMET, MDL to set up a joint venture Base reports good progress on Kwale Project Company Dynamic Annada's profit nearly triples in H1 2011 Huntsman Pigments' Q2 adjusted EBITDA up 135% Rockwood TiO2 segment enjoys strong results Kronos TiO2 segment's profit up 257% in Q2 2011 DuPont's revenue up 19% on higher prices Anhui Goldstar to manage CNNC Huayuan Jiangxi Tianguang's new project meets requirements Downstream Jilin Fiber faces challenges in 2011 Sanxia Paint's profit down 21.2% in H1 2011 Wuhan Plastics reports strong profit growth Dow's profit increases by 55.7% in H1 2011 AkzoNobel to set coating base in western China Price update China's TiO2 price declines in August TiO2 multinationals announce new round of price hikes Companies Mentioned CNNC Huayuan, Anhui Goldstar, Sichuan Lomon, Shandong Dongjia, Anhui Annada, Jiangxi Tianguang, Iluka, ERAMET, MDL, Base Resources, Huntsman, Rockwood, Kronos, DuPont, Jilin Fiber, Sanxia Paint, Wuhan Plastics, Dow, AkzoNobel

TiO2 China Monthly Report 1108 (From Issuu)

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TiO2 China Monthly Report 1108  

China's CPI reached record 6.5% in July 2011, indicating that the inflation hasn't been tackled yet. But the PMI in July declined to 50.7%,...

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