DuPont raises prices again and the price of titanium dioxide for papermaking remains unchanged

The prices of domestic and foreign titanium dioxide in 2012 will continue to be affected by the supply of titanium ore. According to reports, DuPont announced on Monday that starting April 1st, the prices of all titanium dioxide products except for the paper and paper board market will be increased by 20 cents/lb (approximately 441 US dollars/ton). If DuPont’s price increase proposal is successful, it will implement the price increase on July 1. According to ICIS, North American titanium dioxide is currently priced at 1.90-2.04 US dollars / pound (about 4189-4497 US dollars / ton, 3183-3418 euros / ton).

Some North American titanium dioxide (TiO2) buyers said on Wednesday that they were frustrated with Du Pont’s announcement that it would again raise the price of titanium dioxide. A buyer said that I do not want to see similar price increases. Perhaps they will continue to raise prices to get better profits. But when is it enough? Other buyers are equally frustrated.

Based on this, many customers stated that they had reduced the amount of regular orders and were looking for inexpensive titanium dioxide produced by the ** method. Valspar, a paint manufacturer, said this week that it expects raw material costs to rise 5-10% this year and adjust its products to suit China's cheap titanium dioxide. Another paint manufacturer claims that for its primary titanium dioxide products, China's TiO2 powder is much better than expected.

In general, the main factor driving the price increase of titanium dioxide is the cost of titanium ore soaring in the first quarter of 2012 and the cost of other production of titanium dioxide. The Australian mining company BHP Billiton (BHP) sold 37% of its non-operating shares held by RBM in Africa. The buyer is Rio Tinto and will withdraw. Titanium industry. Richard Bay Mining Corporation (RBM) is a mineral sand digging and smelting company in South Africa. It also produces chlorinated titanium dioxide. BHP Billiton (BHP) said that it wanted to withdraw from Ricardo (China Coatings Online) Chadwan Mining Company (RBM) because it did not hold the relevant operating rights of the mining industry.

Due to the support of rising raw materials and the escalating atmosphere of internationally renowned enterprises, the market price of titanium dioxide in China is still strong, facing the plight of the downstream market.

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