China Titanium Association expects substantial growth in demand for short-term is difficult

SMM News: Great Wisdom AAStocks Newswires November 12 hearing, China has become the world's largest titanium producer and consumer countries, and China Coating Industry Association branch chairman Xie Xiangyun titanium dioxide industry is expected on the 12th, in the short term China Titanium demand will not grow larger.

In recent years, the domestic market, titanium pipe price dioxide, titanium dioxide, a significant slowdown in the growth rate of apparent demand trend. Supermarkets General Manager of good pigment Shanghai Cai Xu Bo said that 2013 years of the GDP growth rate has been below 8 percent, sluggish domestic demand for titanium dioxide.

Figure 1: 2008-2012 dioxide apparent demand for our

Cai Xu Bo said that, overall, the domestic titanium dioxide production growth slowing down, in 2012 the national production of 1.89 million tons of titanium dioxide, an increase of 4 percent in 2011, growth is slowing down; and from January to September 2013 by the prices down dragged down by sluggish sales, capacity utilization declined, the actual production of titanium dioxide by about 1.2 million tons.

Figure 2: 2003-2013 domestic titanium tube supplier dioxide production statistics (2013 annual production is estimated at about 1.8 million tons)

Xiexiang Yun said, according to the statistical analysis of the relevant marketing agency, this titanium dioxide business operating rate of about 66% capacity utilization rate of 95% titanium business, slag business started around 35%, this year there are more than 20% of earnings, the Other titanium dioxide business enterprises are very difficult.

"The central government's new term economic roadmap see steady growth, structural adjustment, to the way the main tone of China's economic development in the future and in the coming years." Xie Xiangyun that the next government will reduce the size of loans, land targets, production quantities can administrative and other direct interventions, and the main use of monetary, fiscal and other means of improving macroeconomic total. While the focus on adjusting the focus of market regulation, reducing the industry into the pre-examination and approval, to enhance the quality, safety, environmental protection, energy, technology and other aspects of the standard first-line supervision.

"The aim is to deepen market-oriented reforms had to build an upgraded version of the Chinese economy, and therefore impossible to have a massive investment stimulus policies." Xiexiang Yun said, "Titanium demand is expected in the short term there will be a big increase."

Great Wisdom news agency in the 12th by the China Coating Industry Association of titanium dioxide industry branch sponsored the "2013 China titanium alloy plate dioxide industry will be" informed the above information.