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According to news from the China Securities Network on the 22nd, Qianjiang Fangyuan Titanium Dioxide Co., Ltd. recently announced that since November 21, 2016, the company’s rutile titanium dioxide has been raised by RMB 500/ton on the basis of the original price, and the export price has been raised by US$80/ton. The adjustment letter of Luohe Xingmao Titanium Stock Co., Ltd. stated that due to rising raw material prices, the company was forced to impose cost pressures and decided to increase the price of chlorinated rutile titanium dioxide by RMB 500 per ton on November 25, 2016. Luzhou Jiayuan Industrial Co., Ltd. also announced that due to the continuous rising prices of raw materials and the increase in transportation costs, the company raised the prices of all products on the basis of the original price by 800 yuan/ton from November 21, and the foreign trade price was raised by US$100/ton.
A new round of titanium dioxide prices
This week a number of titanium dioxide companies once again raised the price of 500 to 800 yuan per ton. Titanium dioxide industry prices have been raised 11 times this year since the start of this round of the market.