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More than 20 Titanium Dioxide Enterprises Raised Prices Collectively in One Week

Sep.9 2019      Source:ruidow

Keywords:titanium dioxide

  On August 2, Lomon Billions, Pangang Group, CNNC Hua Yuan Titanium Dioxide and other enterprises took the lead in issuing price hikes, announcing that, the price of titanium dioxide would soon be raised. In the following days, many titanium dioxide enterprises also announced to raise the price of titanium dioxide. This is also another price rise statement by domestic titanium dioxide enterprises after three (3) months.

  In accordance with the price rise letter from each enterprise, the price rise time of each enterprise ranges from August 5 to August 15, but the price rise range reaches 500 yuan/ton. After entering May, the titanium dioxide market gradually walked out of the upward channel and changed into the downward range. In the past three (3) months, price of titanium dioxide has fallen by 1000-2000 yuan/ton. With the arrival of autumn, people in the industry believe that, the market demand will gradually improve in the later period, and the price of titanium dioxide is expected to re-enter the upward channel.

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