Titanium dioxide prices point up in Q2, producers ask for more hikes for Q3 deliveries
Global TiO2 producers intend to further increase prices for rutile pigments on rising demand and longer delivery times.
Titanium dioxide (TiO2) producers have increased their producers for deliveries in the second quarter 2016. The hikes are a result of a price move that had already been announced in mid-December but could not implemented in first quarter deliveries. New TiO2 prices were mostly agreed for the whole of the second quarter.
Some producers have already indicated that in the next round of negotiations for the third quarter, which will be held from mid-June, they intend to implement at least similar price hikes to those agreed in the second quarter.
Producers are reportedly supported in their pricing initiative by the continuing positive trend in business volumes, which since April has been reflected in slightly increasing delivery times.
This article is an excerpt from EUWID's quarterly report on the titanium dioxide market in Western Europe. The EUWID Price Watch Titanium Dioxide for the second quarter 2016 is published in EUWID Pulp and Paper no. 21/2016 on 25 May.
Our weekly newsletter's print and e-paper versions keep busy professionals up-to-date on the latest news from European pulp and paper markets.
Test EUWID Pulp and Paper free of charge and without any obligation by clicking here.