Market Dynamics
Tio2 price keep increasing since November
Time: 2020-11-16 Source from: Yantai
Since November, nearly 90% Tio2 producers have raised around USD 150-USD 200 per ton, another rise is within consideration. Many factories have cancelled the former low price orders.
Both factories and distributors’orders have scheduled to end of January 2021, some even to February. Based on this, supplying side now was relatively tough in price negotiation; Low price orders and pending payment orders are not within suppliers’ consideration.
Raw materials, such as Ilmenite, Sulfate, have increased USD400 per mt in past 3 month. It is expected price will run at a high price in some period and no signal show price will reduce in short term.