Domestic Titanium Dioxide Market
This week, wait-and-see atmosphere in domestic titanium dioxide market is strong due to many enterprises have risen the price slightly before the Spring Festival and the execution is delayed by the effect of the Spring Festival. So the manufacturers have a great chance to make consolidation and stabilization at present. The shipment price of new orders is carried out strongly, along with super-low-cost played by many manufacturers in the early term, which roil the world-market prices at present.
It is learned that the operating rate of titanium dioxide market has recovered well after the Spring Festival, and the operating rate of the whole market is relatively high. Besides, market after the Spring Festival had the possibility of bearish in theory due to many end-customers showed that their stocks were full. But in terms of the strong raw material prices at present and medium pressure of inventory in titanium dioxide market, it will keep running at high levels in short time. At the same time, with Chemours and Huntsman had raised prices one after another, and domestic leading enterprise had raised the price to 500 yuan per tonne secretly in this week. It is estimated that titanium dioxide market will keep up-going over next week.
The current prices of titanium dioxide (February 10): Lomon (R-966), CNY16300-16800 ($2366-2438) per metric ton; Main market price (Rutile Tio2), CNY15800-16800 ($2293-2438) per metric ton; First class manufacturers (Rutile Tio2), CNY16200-16800 ($2351-2438) per metric ton; Second class manufacturers (Rutile Tio2), CNY15500-16000 ($2250-2322) per metric ton; Main market price (Anatase Tio2), CNY13800-14800 ($2003-2148) per metric ton.
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