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China Coatings Network
News:
in the adverse circumstances of the environment, with
ntcolor, '#0000FF titanium dioxide
enterprise-related industrial chain upstream and downstream are tight, especially
coatings
industry performance is obviously weak recently, it is understood that the
coating enterprises around Jiangsu, Zhejiang and Shanghai
production reduction of about 30%, the demand for titanium dioxide significantly reduced.
the operation of the titanium dioxide market is not optimistic, in January-July 2015, the total export of titanium dioxide 318709.28 tons, a decrease of 3.03% YoY. The actual demand for titanium dioxide powder in the international market is obviously also slowing down, so, through price reduction and production reduction to digest inventory, become the solution of international brands.
In the face of the increasing uncertainty of the internal and external environment, the international side, the world economic growth rate is reduced, and on the domestic side, China's economy is not only facing a contraction in external demand, domestic demand is also likely to contract with THED growth rate, resulting in further depression in market demand.
In the past two years, the domestic titanium dioxide enterprise profit level continued to decline, low profit level and even loss make titanium white industry scenery no longer, in August, the country's top 10 large and medium-sized titanium dioxide enterprises in about half of the profit and loss point, the market price fell below the 10,000 yuan mark means that most titanium dioxide enterprises "unprofitable", the industry since 2000 record low. Production enterprises in accordance with changes in market demand to take the initiative to reduce production barely run.