Price hikes of titanium ore have caused the increases of titanium dioxide in domestic market. Titanium ore prices in Panxi region, Sichuan Province, have surpassed 900 yuan/mt, and those in Guangdong Province 1,050 yuan/mt, both exclusive of tax. As for imported products, those from Vietnam now charge 1,350-1,400 yuan/mt, exclusive of tax.

 

Around 2.5 metric ton ore are needed to make a ton of titanium dioxide. Raw materials’ price adjustment provides a convincing reason for the rising of titanium dioxide prices, which cheers up domestic ore dealers a bit. It is believed that the prices may enjoy further rise in short term.