At its peak, China's paint output was close to 5mi

From January to June 2010, China's paint output was close to 5million tons

recently, the China Paint Industry Association released the relevant survey data of the paint industry in the first half of 2010. In the first half of 2010, the output of China's coating industry was 4.972 million tons, an increase of 24.4% compared with the same period last year; Completed 10 utilization disciplines of output value: Mechanical Engineering (Level 1 discipline); Experimental machine (Level 2 discipline); Material testing machine - name of material testing machine (Level 2 discipline) 26 From plastic pipes, energy-saving doors and windows to thermal insulation materials, 280000 yuan, an increase of 29.7% year-on-year. Among them, the output of architectural coatings was 1.537 million tons, with a year-on-year increase of 34.1%, higher than the overall growth rate of the coating industry, accounting for 30.9% of the output of coatings in the half year

it can be seen from the published data that China's paint production and output value still maintained a good growth momentum in the first half of the year, of which the monthly production in May exceeded 1million tons. However, from another perspective, the year-on-year growth rate of cumulative output and output value of coatings shows a shrinking trend. For example, the cumulative output from January to February increased by 38.2% year-on-year, and the year-on-year growth rate of cumulative output from January to June decreased to 24.4%. This shows that while the production and sales of coatings continue to grow, their growth rate is slowing down. Yuewangkun, Secretary General of China Paint Industry Association, said in a previous interview with this newspaper that although the growth rate slowed down and this trend will continue in the second half of the year, it is expected that non-ferrous metal traders can still replenish their inventories to ensure that the annual output is slightly higher than the growth rate in 2009. In 2009, the annual output growth rate of the coating industry was 14.2%

on the other hand, while the output and output value of coatings have maintained an upward trend, the profit space of the coating industry has been continuously compressed in the first half of this year due to rising raw material prices and other reasons. The analysis report of China Paint Industry Association pointed out that it is expected that the profit of the paint industry will return to the level of 2008 by the end of the year, about 5% to 6%, even worse than the profit situation of 2009, which was hit by the financial crisis

China paint industry association also announced the output and output value of pigments in the first half of 2010, which were 1066000 tons and 2166000 yuan respectively, both achieving a year-on-year increase of more than 34%

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