The industry of Titanium dioxide : price keeps increasing from begining of this year.
Since the beginning
of this year, the industry of titanium dioxide was facing five rounds of
price increasement. From 2021, under the macroeconomic situation of
continuous and rapid rise in commodity prices, and under the background
of the industry with low inventory of manufacturers, strong rigid
demand, and high costs, Titanium dioxide manufacturers frequently send
price increasement letters, and the industry has already carried out the
fifth increasement in this year.
Till to May 28, the domestic market price of rutile titanium dioxide
was 20,578 RMB/ton, breaking through the historical high point in the
past 10 years. The increasement was 25.8%. Under the premise of low
inventory and high cost, titanium dioxide will get the sixth
increasement in this year.