The price of
titanium dioxide in China has risen again, most of suppliers increase around
RMB 700-1000/ton, USD100-150/ton, mainly because of the sharply increase in the
price of raw materials titanium ore, sulfuric acid etc for the production of
titanium dioxide, also be impacted by the COVID-19 virus epidemic, sea
transportation is not as smooth as before, and the cabinet cannot go back and
forth like before, containers in different seaports caused severe shortages,
the skyrocketing sea freight has never been seen in history, all resulting in
extremely high prices to customers, end-users .
In addition, the
entire Chinese market of titanium dioxide is in a tight supply. Most of the
manufacturers’ production plans have been scheduled to January or February of
the next year 2021. And many tio2 factories will have a 15 days
maintenance period, estimate the supply of titanium dioxide will keep
the very tight supply in the short term.