The global supply of tio2 is getting worse.

The global supply of tio2 is getting worse.

After the force majeure announcement of RBM, the market of CP grades TiO2 was expected to raise in 3rd and 4th quarter. But after the mid of July, the Wait-and-see sentiment in the market since May finally leads to a price fallback in Asia, and some Chinese manufacturers had to reduce their price to
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TiO2 market analysis weekly updates 1st week July 2021

TiO2 market analysis weekly updates 1st week July 2021

Keyword: RBM This week, RBM certainly got every attention in tio2 market, like throwing a stone into a calm lake. Rio Tinto declares force majeure at Richards Bay Minerals. Why RBM is so important to TiO2 industry? Located on the eastern shores of South Africa, 180 km north of Durban, Richards Bay
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Rio Tinto declares force majeure at Richards Bay Minerals

According to Businesswire in London, Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa due to an escalation in the security situation at the operations. This has led to the decision to cease operations until the safety and security position imp
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Global titanium dioxide market outlook for the better

Global titanium dioxide market outlook for the better

Recently, a number of titanium dioxide manufacturers said that the global demand for titanium dioxide is strong and the supply is tight, and the market price may continue to rise. Major producers Chemours, Venator, Tronox and Kronos reported positive results in the first quarter and expect their per
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China Containerized Freight Index reached a new record high

China Containerized Freight Index reached a new record high

China Containerized Freight Index knowns as CCFI, is an important index reflecting the shipping price. On 11th June, the CCFI reached a new high to 2442.57 from 2373.77 in a 2.9% rise comparing with last period dated 4th June. In which, the Europe serivces increased 4.6% ranked the first on the lis
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International rutile prices rose in the third quarter

With the recovery in Europe and America, the demand for titanium raw materials by European and American companies is also recovering. It is understood that driven by the growth of demand in Europe and the United States, ILUKA’s rutile quotation in the third quarter rose from the previous US$1,495/to
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LomonBillions announced price increase since 1st July 2021

LomonBillions announced price increase, since 1st July 2021, all grades of titanium dioxide(Sulfate process tio2, Chloride process tio2) price will increase 500yuan/mt based on last price offer. Lomon Baili raised prices for 6 consecutive times during the year.
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The high-titanium slag market enters a short period of stability

This month, the northern 90 titanium slag bidding price was 7,600 yuan/ton, an increase of 100 yuan/ton from last month. Since March, the price of 90 titanium slag has risen at a relatively large pace, mostly around 400 yuan/ton. The slowdown in the price increase this time indicates that the high-t
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LomonBillions may invest 400Million CNY to build new factory in Gansu

Recently, LomonBillions announced, according to the company’s business and strategic development needs, in order to further increase the company’s market share and strengthen the company’s competitiveness, the wholly-owned subsidiary Longbai sichuan titanium limited is planning to invest 400MillionC
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