Market Dynamics
Weekly Report: Titanium Dioxide Prices (8/25-8/29)
Time: 2014-09-01 Source from: www.tio2.cn
Last week, a chasing rising stock is put in place in China's titanium dioxide market.
Haixinfeng has raised prices of rutile titanium dioxide products last Wednesday by 300 yuan/mt. Zhongtai in Panzhihua has temporarily stopped taking orders, and it is expected to raise money next month. LOMON announced prices increase of titanium dioxide products on the basis of the original prices since August 1 by 300-400 yuan/mt, which is the main factor to driven up the prices of titanium dioxide by 200-300 yuan/mt around the nation.
As the peak season loomed on September, there is a good trend for prices of China's titanium dioxide thanks to the export recovery. News from the just concluded Coating Industry Annual Meeting in Shenyang said that the entire profits of Coating Industry are considerable, yet there is no good news for demands of titanium dioxide. Bottoming out and achieving profits of titanium dioxide industry depends on trends of leading enterprises.
Latest titanium dioxide prices (including tax) in China:
Rutile titanium dioxide: 12,000-13,500 yuan/mt
Anatase titanium dioxide: 9,500-10,800 yuan/mt