Has the TiO2 Price Reached the Bottom?

As Sichuan Lomon is one of the largest rutile  Titanium Dioxide  pigment suppliers in China, its actions are closely followed by industry experts, with many, like Yang Xun, a Titanium Dioxide analyst with the Chinese commodity information provider 100ppi.com, believing that other producers will follow suit over the coming weeks.

For many price hikes would bring much relief after prices fell considerably throughout the second half of 2015.

It is thought that the chemical price increases were a result of falling production, as many of the larger industry players are running at 50% of capacity in an attempt to lower inventories. Other producers were using the fall in demand as opportunity to update plant machinery and carry out maintenance.

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• Source: SpotChemi Blog, 14 January 2016