Market Dynamics
LOMON to Lower Titanium Dioxide Prices
Time: 2013-12-05 Source from: www.titanos.com
China’s largest titanium dioxide manufacturer LOMON CORPORATION may call an internal meeting and deliberate on price adjustment for its R-996 products, insiders say.
Analysts say that the meeting may trigger a new round of price decreases as the Sichuan-based industrial giant’s decision usually acts as a reference to the market price.
In early November, some leading titanium dioxide manufacturers announce price decreases, by a range from 200 to 500 yuan/mt. Listed company CNNC HUA YUAN TITANIUM DIOXIDE CO.,LTD, along with its subordinate company ANHUI JINXING and WUXI HAOPU, lowers prices for all its titanium dioxide products by 300 yuan/mt.