Chinese titanium dioxide manufacturers - Arhive
Chinese titanium dioxide manufacturers
Chinese TiO2 manufacturers announce price increases in August
MOSCOW – Chinese manufacturers of titanium dioxide (TiO2) have announced price increases for both domestic and export markets, which will be produced in August, ICIS reports citing market sources.
Due to the upward sentiment in the international market, the difference between export prices from China and the contract prices of other international manufacturers has become more noticeable.
In addition, there is cautious optimism that domestic demand in China may increase in the third quarter.
Chinese manufacturers announced an increase in export prices of USD50 per tonne, FOB China and an increase in domestic prices by CNY500 per tonne.
These price increases are expected to take effect by August 15th.
Titanium dioxide is used in the manufacture of paints and varnishes (59%), plastics, rubber products, paper, chemical fibers, etc.
Author: Anna Larionova