PRICING NOTICE: Amendment to frequency of two titanium dioxide price assessments

By William Clarke
Published: Tuesday, 09 March 2021

After a consultation period, Fastmarkets has decided to reduce the frequency of two of its titanium dioxide price assessments to monthly from weekly, to begin on Thursday March 11.

Feedback received during the month-long consultation suggested that liquidity in the titanium dioxide market in Europe and the United States was mostly based on quarterly price adjustments by producers.

Therefore, a longer data collection period will enable Fastmarkets to capture additional liquidity and the assessment will be better aligned with the timings of the market.

The specifications for the titanium dioxide assessments are as follows, with proposed amendments in italics:

 

MB-TI-0011 - Titanium dioxide pigment, chloride grade, DDP North America, $ per tonne

Quality: Chloride grade

Quantity: 20 tonnes minimum

Location: DDP North America

Timing: Spot

Unit: $ per tonne

Payment terms: within 1 month

Publication: Monthly, Thursday, 4pm London time

 

MB-TI-0010 - Titanium dioxide pigment, chloride grade, DDP Europe, € per tonne

Quality: Chloride grade

Quantity: 20 tonnes minimum

Location: DDP Europe

Timing: Spot

Unit: € per tonne

Payment terms: within 1 month

Publication: Monthly, Thursday, 4pm London time.

 

No other changes are proposed to be made to the specifications of the two price assessments or to Fastmarkets’ other titanium dioxide price assessments.

The price assessment for MB-TI-0009 - Titanium dioxide pigment, sulfite grade, fob China, $ per tonne, will remain on a weekly schedule.

The amendment will take place on Thursday March 11.

To provide feedback on these changes, or if you would like to provide price information by becoming a data submitter to this price, please contact Willia, Clarke by email at: pricing@fastmarkets.com. Please add the subject heading 'FAO: William Clarke, re: titanium dioxide prices.’



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