The reason behind the price rise of titanium dioxide
Real estate: National Bureau of statistics data released in November 14th, the first 10 months of this year, the national real estate development and investment growth in the first 9 months of 6.6%, an increase of 5.8%. This year 1~10 month, the national real estate development investment grew 6.6%, the growth rate increased 0.8 percentage points compared to 1~9 months, real estate development and investment growth for 3 consecutive months to speed up. Even first-tier cities have introduced housing credit limit restriction measures, investors still seems to Chinese real estate industry optimistic about the prospects. The stable development of the real estate industry driven by the steady growth of the paint industry demand.

Downstream coatings industry: 1~9 months, China’s paint production reached 13 million 450 thousand and 400 tons, an increase of 7.4%. Among them, Guangdong Province paint production reached 2 million 474 thousand and 400 tons, an increase of 8.7%; Jiangsu coating production reached 1 million 694 thousand and 940 tons, an increase of 4.9%; Shanghai City paint production reached 1 million 509 thousand and 940 tons, an increase of 3.9%. The paint industry is the main downstream of the titanium dioxide industry, paint prices growth on titanium dioxide prices has played a supporting role.

The rally or will gradually closing