Domestic Titanium Dioxide Market
Some titanium dioxide producers in domestic market raised prices of titanium dioxide products this week after a short period of time on waiting. The leading producer Henan Billions (including Lomon) announced a price increase of ￥700/tonne, and other producers followed up with a price increase of ￥1000/tonne including Doguide, Taihai, etc.
The main contract prices of rutile titanium dioxide are ￥15000-16300/tonne ($2177-2366), while prices of anatase titanium dioxide raised to ￥13000-14200/tonne ($1887-2061). Most titanium dioxide producers were focusing on handling the previous contracts which led to a higher quote for new contracts. However, the new contracts were rarely closed.
The current prices of titanium dioxide (January 6): Lomon (R-966), CNY16000-16300 ($2322-2366) per metric ton; Main market price (Rutile Tio2), CNY15000-16300 ($2177-2366) per metric ton; First class manufacturers (Rutile Tio2), CNY15800-16300 ($2293-2366) per metric ton; Second class manufacturers (Rutile Tio2), CNY15000-15800 ($2177-2293) per metric ton; Main market price (Anatase Tio2), CNY13000-14200 ($1887-2061) per metric ton.
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