The United States and the European real estate industry brought great recovery of titanium dioxide overseas demand improved, and high cost of overseas titanium dioxide production capacity shut down also caused some of the supply gap, titanium dioxide overseas giants since last year has repeatedly raised the price and quarter started rate promotion have confirmed this need to improve.

These two factors also led to domestic exports increased dramatically, in 2016 1-10 month domestic titanium dioxide nearly 600 thousand tons, the annual rate of about more than 700 thousand tons, a record high in recent years.

After a period of driving real estate industry continues to improve demand off-season:

On 2016, the domestic real estate industry in the first half year to improve greatly, as the real estate cycle after the standard benefit of the industry, titanium dioxide showed marginal improvement in the second half of the domestic demand, it also brings the off-season. Taking into account the real estate industry and the demand for titanium dioxide titanium dioxide next year lag, domestic demand is expected to maintain rigid growth.

Panzhihua area is the domestic titanium concentrate – titanium dioxide industry chain production center:

Panzhihua area has a capacity of 4 million 140 thousand tons of titanium concentrate, titanium dioxide production capacity of 590 thousand tons and 582 thousand tons of titanium slag production accounted for 57.52% of the proportion of the national capacity, 15% and 29%.

April vanadium titanium dioxide production capacity of High-tech Zone environmental impact of this event are production of 30 thousand tons, taking into account the domestic monthly output of 10-20 million tons, accounting for more than 15%, short-term supply shocks larger.

At present, according to grassroots research information expected production will remain more than a month, taking into account the Spring Festival approaching, the pattern of supply and demand is expected to continue into the first quarter of next year. Considering the traditional Spring Festival season began shortly after, the downstream demand is expected to further support.

Overseas demand recovery capacity closed superposition is the main reason for the domestic export greatly improved:

At present, according to grassroots research information expected production will remain more than a month, taking into account the Spring Festival approaching, the industry believes that the pattern of supply and demand is expected to continue into the first quarter of next year. Considering the traditional Spring Festival season began shortly after, the downstream demand is expected to further support.

Overseas demand recovery capacity closed superposition is the main reason for the domestic export greatly improved:

The United States and the European real estate industry brought great recovery of titanium dioxide overseas demand improved, and high cost of overseas titanium dioxide production capacity shut down also caused some of the supply gap, titanium dioxide overseas giants since last year has repeatedly raised the price and quarter started rate promotion have confirmed this need to improve. These two factors also led to domestic exports increased dramatically, in 2016 1-10 month domestic titanium dioxide nearly 600 thousand tons, the annual rate of about more than 700 thousand tons, a record high in recent years.

After a period of driving real estate industry continues to improve demand off-season:

On 2016, the domestic real estate industry in the first half year to improve greatly, as the real estate cycle after the standard benefit of the industry, titanium dioxide showed marginal improvement in the second half of the domestic demand, it also brings the off-season. Taking into account the real estate industry and the demand for titanium dioxide titanium dioxide next year lag, domestic demand is expected to maintain rigid growth.

In December 2nd, environmental pollution caused by the Panzhihua high tech Zone companies waste vanadium titanium industrial wastewater, to Jinsha River, is CCTV financial channel “economic half-hour” column exposure. In December 3rd by the party members of the provincial Environmental Protection Office LED inspection teams went to Panzhihua to urge the rectification.

In December 4th, a joint investigation team (the provincial Environmental Protection Office of Panzhihua municipal government and the enterprises in the park) one by one, to date, has been discontinued rectification enterprise 28, filing 30, issued the penalty decision 16, 5 cases transferred to public security organs, administrative detention of 2 people. The inspection team also asked Panzhihua city comprehensive combing the city’s environmental problems, to carry out a large investigation, major renovation, make feasible solutions and a clear time limit for rectification. We believe that the supply of the environmental events on titanium concentrate – titanium dioxide industry chain end a great impact, in the current round of titanium dioxide cycle under the background of industry supply and demand pattern is expected to be further improved.

Panzhihua area is the domestic titanium concentrate – titanium dioxide industry chain production center:

Panzhihua area has a capacity of 4 million 140 thousand tons of titanium concentrate, titanium dioxide production capacity of 590 thousand tons and 582 thousand tons of titanium slag production accounted for 57.52% of the proportion of the national capacity, 15% and 29%. April vanadium titanium dioxide production capacity of High-tech Zone environmental impact of this event are production of 30 thousand tons, taking into account the domestic monthly output of 10-20 million tons, accounting for more than 15%, short-term supply shocks larger.

into the winter maintenance manufacturers have ended, propane supply tends to be stable, but after the weather turns cool downstream for propane consumption increases, and the trader terminal stockpile awareness crescendo in the fundamentals, a great improvement.

In December 6th, the domestic parts of the propane Market overview:

Dongying Huatai chemical 80 thousand tons of propylene oxide plant started around 80%, Nissan 200 tons, the factory is single cash talks to 10550 yuan / ton.

Shandong Huifeng Petrochemical propane price stability, the implementation of 4020 yuan / ton, the normal operation of equipment manufacturers, the normal inventory.

Dongying Hualian Chemical propane price stability, the implementation of 3720 yuan / ton, factory shipments in general.

Summary: the market price has been high in the propane market recently, the short-term relative to the gradual improvement of downstream demand, refinery production is relatively small, the current low price of shipping resources worry free, high or slightly minor resources. The propane market demand still exists, the price rise or slowed down, overall, propane industry docking down still hold a bullish.