Domestic Titanium Dioxide Market
The prices of TiO2 in domestic titanium dioxide market were steady in this week. Since most producers have raised prices in the previous price hikes, the market is becoming stable. Chinese New Year is coming; the operation rate of downstream buyers is reducing. However, due to environmental inspections and the facility maintenance in the end of the year, the operation rate of titanium dioxide producers will also be influenced. In the meanwhile, the prices of raw materials are still increasing continuously, and the global titanium dioxide market has raised prices for several waves recently to support the beginning of titanium dioxide exportation market in 2017. Therefore, the domestic titanium dioxide market is likely to keep stable before the Chinese New Year Festival; there is still possibility that the market raises prices again to stimulate the demand after the festival.
Currently most titanium dioxide producers are firmer in executing prices. The main contract prices of rutile titanium dioxide are ￥14500-15500/tonne ($2104-2250), while prices of anatase titanium dioxide raised a lot to ￥12500-13500/tonne ($1814-1959).
The current prices of titanium dioxide (December 23): Lomon (R-966), CNY15300-15600 ($2221-2264) per metric ton; Main market price (Rutile Tio2), CNY14500-15500 ($2104-2250) per metric ton; First class manufacturers (Rutile Tio2), CNY15000-15500 ($2177-2250) per metric ton; Second class manufacturers (Rutile Tio2), CNY14500-15000 ($2104-2177) per metric ton; Main market price (Anatase Tio2), CNY12500-13500 ($1814-1959) per metric ton.
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