According to statistical data provided by the General Administration of Customs, the import volume of titanium dioxide in China was 14396.183 tons in March 2013, a decrease of 8.03% compared to March last year and a month on month increase of 29.99%; The export of titanium dioxide reached 35504.029 tons, a year-on-year decrease of 18.41% in March last year and a month on month increase of 62.72% in February.
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Demand began to recover and supply became tight. Rising costs and weak demand led to a sharp decline in titanium dioxide production profits in 2012. However, the recovery of the U.S. housing market and the strengthening of the Asian economy led to an optimistic outlook for the global titanium dioxide market this year.
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China Nuclear Titanium Dioxide successfully completed its bankruptcy reorganization in 2012. How will China Nuclear Titanium Dioxide develop after the reorganization? How does the company view the development of titanium dioxide industry? Li Jianfeng, Chairman of CNNC Titanium Dioxide, stated in an interview with China Securities News that the company will strive to complete its production plan and achieve sales revenue of 2 billion yuan in 2013. In the case of fluctuations in the price of raw materials, the price of titanium dioxide is expected to remain between US $2300 and US $2400/ton.
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On September 19, 2012, the 2012 National Plastic Coloring and Masterbatch Academic, Technical and Trade Information Exchange Conference was held in the tourist resort Mount Huangshan. More than 300 scholars, entrepreneurs and relevant practitioners from all over the country attended the conference.
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