Analyze the Reason of Titanium Dioxide Price Keep Rising

It is reported that the decoration paints downstream market increase the procurement, titanium dioxide manufacturers to resume production after the holiday, many manufacturers are now at full capacity to keep the state at the same time
By: bango
 
Jan. 17, 2012 - PRLog -- It is reported that the decoration paints downstream market increase the procurement, titanium dioxide manufacturers to resume production after the holiday, many manufacturers are now at full capacity to keep the state at the same time, although output growth, but sales are still good, the market demand is also increased.

European Strategy reported a small sponge titanium metal prices, current price of 8.5-10 U.S. $ / kg, up 0.5 U.S. dollars / kg, ilmenite price unchanged at 7.5-8 U.S. $ / kg of titanium. Domestic prices remain stable ilmenite, titanium sponge prices stabilize, but the titanium dioxide will rise again.

However, the reason of rising price for titanium dioxide, because of its greater upward pressure on prices of raw materials caused. It is reported that titanium dioxide feedstock titanium concentrates, sulfuric acid and so on up at the same time, with the social development, economic level, labor costs are rising, these are the direct cause of increasing pressure on the cost of titanium dioxide.

Ilmenite, as far as understood that the market price of Panzhihua ilmenite has over a thousand, the market is chaotic, price are differ, there are manufacturers still offer 950 yuan / ton, but the manufacturers have already raised the price to 1,100 yuan / ton, but overall the market mainstream in 1050 yuan / ton, which compared to pre-holiday 950-960 yuan / ton price increase a lot, while other regions such as Yunnan and other places, the current supply of titanium concentrate is tight, the price further upward trend.

On the sulfuric acid market, the recent increased demand for sulfur procurement market traders, market inquiry actively, sulfur prices are market driven, fast pull up, the current market outlook, market participants are generally optimistic about the industry believe that the recent purchasing power remains strong sulfur, the price outlook is still expected to rise.

The labor cost, many areas currently have a "labor shortage", in response to the situation of labor shortage, many companies have adopted the practice of increasing wages and benefits, thus, titanium dioxide production labor costs have also increased.

Costs increase, titanium dioxide price rise again in the short term, the price will be stable, although it will drive the market continues to improve titanium ore, prices hold up. It is understood that many of the areas of titanium concentrates are very tight spot, because stock closed for the manufacturers also offer a lot more than market price or that the subsequent city of Panzhihua ilmenite will be the same as appears raised.
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Source:bango
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