Domestic Titanium Dioxide Market
In the middle of January, 2017, most Chinese titanium dioxide producers are busy making adjustments to keep production stable, except a few producers raised prices of titanium dioxide in dark. However, with the coming of Chinese New Year Festival, the demands of new contracts in domestic tio2 market are not active. Most producers are actively processing previous orders before the holiday begins.
The main contract prices of rutile titanium dioxide are ￥15500-16600/tonne ($2250-2409), while prices of anatase titanium dioxide raised to ￥13800-14800/tonne ($2003-2148).
The Spring Festival is coming close; some titanium dioxide manufacturers have commenced the annual maintenance work, while some others delayed the maintenance due to tight spot supply or finished maintenance earlier than schedule. In the same time, some manufacturers in the Panzhihua district have restarted production. For the overall domestic titanium dioxide market, there are not many titanium dioxide producers that did the annual maintenance plan and the prices of domestic titanium dioxide market may still keep on a high level.
The current prices of titanium dioxide (January 22): Lomon (R-966), CNY16000-16300 ($2322-2366) per metric ton; Main market price (Rutile Tio2), CNY15500-16600 ($2250-2409) per metric ton; First class manufacturers (Rutile Tio2), CNY16000-16600 ($2322-2409) 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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