Market Dynamics
LOMON Raised Titanium Dioxide Prices
Time: 2014-07-04 Source from: www.titanos.com
China's largest titanium dioxide manufacturer LOMON has raised prices of its titanium dioxide products within China by ￥300 per metric ton, and by US$100 per metric ton for those sold abroad.
There has been only one month since LOMON's last price increase on June 4.
Long regarded as the weathervane of China's titanium dioxide prices, LOMON has a considerable influence on domestic manufacturers. The two recent price hikes also may trigger a series of prices rises in Chinese markets, analysts say.