Titanium dioxide excess capacity due to the test

For the coating industry in 2015,unusual year,coating industry in China through one hundred years of history,fortunately,however,coating line this year Industry is facing with the tests,the global economic slowdown,the crude oil market collapsed,coating raw materials production decline in demand is downward.coating Under the weight of raw material market in the environment and the downstream industry.As early as 2013 coating raw materials market price is cut,as we have learned,Coating film material prices were flat in 2013,solvent prices fell by 15%,titanium dioxide prices fell 25%.

Titanium pigment market excess capacity

In the first half of 2015 June 1-sulfuric acid method of rutile type titanium pigment price general weak to strong to the weak trend.Titanium pigment,during the first half of 2015 A continuation of 2014 market downturn.There are many influence factors in titanium pigment market downturn,in addition to the price is not optimistic,titanium concentrate and downstream with coating market Are inseparable.

According to the national bureau of statistics,in 2014 China's coating production reached 16.4819 million tons,up 7.9% from a year earlier.In the first five months of 2015,China's paint Total output of 6.2384 million tons,year-on-year growth down to 0.94%.Decline in the real estate market is the main factor decadent,paint,environmental consumption tax Stricter rules,etc.,under the influence of coating production decline,the raw material market demand downside.

Titanium dioxide is one of the important pigments,paint titanium dioxide cut export growth in 2015:according to statistics,in May,2015 in titanium dioxide export in our country Quantity is 228000 tons,year-on-year growth was only 1.17%,and the export growth of 57.37% over the same period of last year,so the titanium dioxide 56.2% decline in export growth.Titanium dioxide export growth and domestic coatings production growth fell in,titanium dioxide is the main reason for the low demand growth.

As early as 2014 titanium dioxide had been slowing overall demand,the titanium dioxide industry in 2014 at the annual meeting,in the first half of 2014 titanium pigment in China Vendor starts at about 70% on average,overall slowdown in demand,titanium dioxide and titanium dioxide industry has continued to expand capacity.According to statistics,as of September 2014 Month,China's chain, a total capacity of up to 2.98 million tons,year-on-year rise slightly in 2013,about 380000 tons.

Increases year by year and the demand for titanium white production capacity,under the background of the downturn,titanium dioxide overcapacity situation will be growing.In future development Cheng,titanium dioxide domestic enterprises to expand production capacity at the same time also needs to transformation and upgrading,expand for the production of high-end products,phase out backward production capacity and high Pollution of titanium white production line.

By Nicole