Market Dynamics
Weekly Report: Titanium Dioxide Prices (6/23-6/27)
Time: 2014-07-01 Source from: www.tio2.cn
Domestic titanium dioxide prices are still far from satisfactory while Tronox, DuPont and ISK have announced price increases of titanium dioxide by US$150, US$100 and US$200 per metric ton in the Asia-Pacific region.
Growing exports greatly helped easing inventory pressure. According to latest statistics from General Administration of Customs, China’s export of titanium dioxide in May 2014 is 51190.69 metric tons, up 54.93% compared with the same period of last year, and down 2.54% compared with April 2014.
Current titanium dioxide prices (including tax) in China:
Rutile titanium dioxide: 13,000-13,500 yuan/mt
Anatase titanium dioxide: 11,000-11,500 yuan/mt