Happy weekend Titanium white powder market is a bit of a slug

China Coatings Network
News: The first week of August weekend,
tumium dioxide
market a bit of "tinge", china nuclear titanium white (002145) August 5 evening announcement, July 7, 2015, the company because of planning a major asset acquisition of the titanium dioxide industry, the company's stock began to suspend trading. At present, after many negotiations, the parties to the transaction on the acquisition price and profit commitments and other key provisions could not be agreed, the acquisition project terminated.
E8 August sun can not warm titanium white powder market, downstream demand market cold let people "cold" shivering, in the face of such a market, many manufacturers have begun to reduce prices, "can not carry, jump prices have not yet?", the downstream market demand is not, the reason is that the downstream market of titanium white powder is more "cold".
coals
, ink, plastics, master grains and other industries using titanium dioxide also encountered a "cold current", most enterprises receivable arrears, operating rate fell to reduce production "life-saving", it is understood that some
coating enterprises
in order to cope with the market production reduction of 30%, downstream no demand, titanium dioxide price reduction is also unable to pull the market.
According to the analysis of the BCI trend chart of the commodity supply and demand index of the business agency, BCI closed the big yin line in July, with the double yin in May and June forming a three-way yin, and the range of the yin line increased month by month, compared with the July 2014 data, also showed a downward trend. Of concern is that -0.73 also hit a three-year low for BCI, the 1st-1st on record. Mr. Liu Xintian, chief analyst at Business, expects the situation to be bleak in August 2015, and even if the market supply and demand situation improves, it will be difficult to fundamentally reverse the inertial market. "Gold nine silver ten" near, and the July plunge has digested some of the pressure, so the possibility of a big fall in August is not likely, the possibility of a negative or small Yin is greater.
the titanium dioxide industry is not happy this weekend.