Titanium dioxide producers in China hike prices further
Published: Monday, 25 July 2016
Growth in the automotive and real estate sectors is expected to continue to push up pigment prices as existing inventories are depleted. Output is further expected to be constrained by limited ilmenite supplies and increased government regulation of the TiO2 industry's energy consumption.
Sichuan Lomon raised its price for rutile titanium dioxide
(TiO2) by Chinese renminbi (rmb) 800/tonne ($91*)
for the domestic market and $80/tonne for the international
market earlier in July.
All other TiO2 producers have followed suit since then,
marking the eighth price increase in China this year.