Market Dynamics
Russia increased TiO2 imports from January to July 2014
Time: 2014-08-20 Source from: www.tio2.cn
Imports of titanium dioxide (TiO2) to Russia rose from January to July 2014 by 5% year on year, according to ICIS-MRC Price report.
TiO2 imports to the Russian domestic market totalled over 49,000 tonnes over the first seven months of 2014.
Polymer converters and paper producers increased their purchasing, whereas shipments to the needs of the paints and coatings industry dropped by 4.5%.
However, paints and coatings producers remained the largest TiO2 consumers (they account for about 77% of the total consumption of titanium dioxide in the country).
Ukraine remained a reliable and the largest supplier of material for the Russian processing industry, despite possible difficulties in shipments through the East of Ukraine. The overall imports of Ukrainian TiO2 totalled 15,000 tonnes over the first seven months of 2014, which equal the same figure of 2013. At the same time, shipments from the United States, China, Finland and Germany increased.