Lomon Billions: : TiO2 price may rise further

• Autores: Albert Li
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 595, 2017 (Ejemplar dedicado a: Julio-Agosto)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Titanium dioxide prices are expected to continue climbing amid strong demand in domestic and export markets, according to Chinese producer.

    Chinese TiO2 producer Lomon Billions expects prices of the pigment to increase further despite a recent drop in domestic ilmenite prices, while demand continues to grow both internally and in export markets.

    In a recent statement to investors addressing questions from securities companies, Qingfei Shen, secretary of the board at Lomon, stated that the demand, supply and price scenario in the TiO2 market is currently stable, following a steady increase over the past year.

    Although there was some fluctuation during the rainy season which has led to domestic ilmenite prices to fall, the export market is performing well: prices are stable and orders are on the rise.

    Outside China, Cristal, Huntsman and Chemours announced price increases for June and July, creating a pricing edge for domestic TiO2 over international material.