Market Dynamics
Weekly Report: Titanium Dioxide Prices (8/4-8/8)
Time: 2014-08-11 Source from: www.tio2.cn
Chinese titanium dioxide market has witnessed a series of price increases during last week.
Effective from Aug 1st, China’s leading manufacturer LOMON has raised price by RMB300 for per metric ton of R-996 products, and by RMB400 for LR-972 ones. Export prices will rise by US$ 50 per metric ton since Sep 1st.
Share price of Anhui Annada Titanium Industry (002136.SZ), CNNC Hua Yuan Titanium Dioxide (002145.SZ) and Henan Billions Chemicals (002601.SZ) all jumped last week, which is a direct reflection of domestic titanium dioxide market rebounds.
Latest titanium dioxide prices (including tax) in China:
Rutile titanium dioxide: 13,000-13,800 yuan/mt
Anatase titanium dioxide: 10,800-11,300 yuan/mt