Market Dynamics
Weekly Report: Titanium Dioxide Prices (3/17-3/21)
Time: 2014-03-25 Source from: www.tio2.cn
KRONOS has increased its prices for titanium dioxide pigments (except for those in North America and Europe) by US$250/mt. However, KRONOS’s move hasn't changed domestic market--the prices stay low.
Current titanium dioxide prices (including tax):
Rutile titanium dioxide: 12,000yuan/mt
Anatase titanium dioxide: 10,500yuan/mt
Market forecast:
Weak real estate industry, Renminbi depreciation and deflationary pressure all worsen the depressing Chinese titanium dioxide markets. Operating rate of Chinese titanium dioxide manufacturers, over half of whom are now loss-making, has dropped to less than 70%. The prices are not likely to rise in short term.