Since the tenth wave of price hike in the domestic titanium dioxide market led by Shandong Doguide in the late August, more than 20 titanium dioxide producers followed up to raise prices in September. The price initials were ￥500-1000/tonne for rutile titanium dioxide, and ￥300-600/tonne for anatase titanium dioxide. Unlike the previous price increases, producers did not follow up the price rise trend in short period of time, especially for Sichuan Lomon which raised prices of TiO2 in the middle of September. Until the end of September, the tenth wave of price initials were still continuing.
The main contract prices of rutile titanium dioxide this month are raised up to CNY12000-13600/tonne ($1840-2086For anatase titanium dioxide, the main contract prices are kept at CNY 9000-10000/tonne ($1380-1534). Both the prices of rutile and anatase titanium dioxide market floated in certain degree.
Frequent price initials seem to be a normal state after the tenth wave of price hike in the domestic titanium dioxide market. In the same time, the downstream buyers are more likely to accept the price initials. In the short time of period, the domestic titanium dioxide market may still keep moving forward stimulated by the traditional high-season, price increases of raw materials and price initials of global titanium dioxide market.
On the other hand, an environmental inspection team has arrived in Shandong Province recently, which may influence the operation rate of titanium dioxide producers. It adds more possibility to the price increases of TiO2 market in the coming October.
Top 15 Titanium Dioxide Manufacturers from China (Output of September 2016)
|Manufacturers||Capacity (Tonne)||Operation Status||Output of Sep. (Tonne)|
*The manufacturers are ranked by the total TiO2 output of 2015.
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