Falling prices force closure of Vietnamese mineral sands capacity

Published: Tuesday, 26 August 2014

Capacity expansion and higher inventories exacerbate weakness in export values

Nearly 90% of Vietnam’s titanium minerals processing factories have suspended operations due to falling titanium prices and high inventories, according to the Vietnam Titanium Association.

The association told local newspaper The Daily last week that prices for titanium products have fallen 20-50% compared to August 2013 and that...

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