Just a week after the last wave of the price increase which mostly driven by ilmenite cost, there is no any sign that the peak is coming.
But something worse, the upcoming large-scale routine maintenance will start soon.
The coming new year holidays of the western world are expected to given factories a nap time after busy productions in the post-pandemic era.
Usually, from late Dec. to early Jan., the factories will process their annual maintenance in all industries. But to titanium dioxide industries, this year is way more special than usual. The price of tio2 is reaching higher and higher, which makes factories to overthinking that now is the time to process the annual maintenance?
To be or not to be is the question. But the fact is everything including the machine is exhausted.
No matter how many factories decide to process their maintenance, the tight supply situation will not be eased.