TiO2 Price Index reached a new high.

TiO2 Price Index reached a new high.

According to Tio2.pro, The TiO2 index increased 2.5% to 3219 this week.TiO2.pro
On 09th March. The LB group announced the increasing for 150USD/MT, driven by the raw masterial cost rising and the market needs increasing. Raw material is at high level constantly pressuing the TiO2 industry, but with the price increasing, the confident is recovering. Which was considered as a response to recent up increasing trends leaded by Kronox, Tronox and chemours.
With the price reaching a new high, the market is getting more hesitant to purchase, but with the hot season coming, the needs will certain turn to orders even if in a high ground.

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