Titanium dioxide prices in North America have risen by 34%

As the supply and demand relationship remains tight, the global price of titanium dioxide continues to rise. The reporter recently received news that in the North American market, Kronos recently announced that the price of titanium dioxide will increase by 35 after raising the price of titanium dioxide to 15 cents/pound (about 300 US$/ton). Cents/lb (approximately $700/ton). In the European market, the price of titanium dioxide will increase from 2,300-2,550 euros/tonne to 2,750-3,000 euros/tonne. In fact, in addition to Kronos, other titanium dioxide production companies also made several price increases. DuPont, Cristal and Tronox once again announced that the price of titanium dioxide will rise by 25 cents/lb (about 500 US dollars/ton).

In the past 10 years, the production capacity of titanium dioxide in the world has hardly increased, and the financial crisis that broke out in 2008 has caused many titanium dioxide plants in the world to be closed and idle. However, since the global economy revived last year, the market demand has soared and production has led to rising prices of titanium dioxide. Statistics show that since the fourth quarter of last year, the price of titanium dioxide in North America has increased by 34%. Currently, the price of titanium dioxide in North America has reached $2,800 to $3,080/ton; the price of titanium dioxide in Europe has also increased. To 3200-3600 US dollars / pound; At the same time, Asia Pacific, Latin America, Middle East and Africa, titanium dioxide prices have also increased by 300 US dollars / ton.