Market demand drives titanium dioxide price growth

According to the data, the export value of titanium dioxide in China in January 2017 reached US$116.61 million, a year-on-year increase of 52.9%.

In 2016, the price of titanium dioxide went up all the way. Taking rutile titanium dioxide as an example, the price rose from around 9,500 yuan/ton at the beginning of the year to more than 17,000 yuan/ton now. In 2017, the growth of titanium dioxide is not diminished, especially during the Spring Festival holiday. After that, it even rose twice in less than half a month, and each price increase was around 800 yuan / ton.

At the same time, international titanium dioxide giant price increase, Curtain, Ishihara, Teno, Huntsman and other international titanium dioxide giant companies have announced that they will start to raise prices after 2017. At present, the global demand for titanium dioxide is growing rapidly, and the titanium dioxide industry has entered. During the price increase period, the foreign titanium dioxide price increase has made domestic titanium dioxide manufacturers an export advantage, and the recovery of exports is expected to further drive the demand in the domestic market.

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