Domestic Titanium Dioxide Market
Since Sichuan Lomon and Henan Billions raised prices of titanium dioxide for ￥1000/tonne last week, most of the titanium dioxide producers from Sichuan, Henan, Shandong, Anhui, Yunnan, and Guangxi provinces followed up the price hike at normally ￥500-1000/tonne.
Although the actual contracts are mainly to settle down the previous price rise initials in the domestic titanium dioxide market, the overall prices of TiO2 have been raised at certain degree. Currently the domestic titanium dioxide market still remains positive on the later prices, due to the tight spot supply of most domestic players, increasing cost of transportation and raw materials. It can be forecasted that the domestic titanium dioxide market will keep in an condition that producers raise prices of TiO2 instantly in the short period of time.
The current prices of titanium dioxide (November 11): Lomon (R-966), CNY14300-14600 ($2193-2239) per metric ton; Main market price (Rutile Tio2), CNY13000-14500 ($1994-2224) per metric ton; First class manufacturers (Rutile Tio2), CNY13800-14500 ($2117-2224) per metric ton; Second class manufacturers (Rutile Tio2), CNY13000-13800 ($1994-2117) per metric ton; Main market price (Anatase Tio2), CNY9800-11000 ($1503-1687) per metric ton.
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