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The three companies issued a notice to raise the price of titanium dioxide for the fifth time this year

 Last Update: 2022-08-27
 Source: Internet
 Author: User

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Entering May, titanium dioxide ushered in the fifth price increase this year! On May 6th, the three listed companies of China Nuclear Titanium Dioxide, Jinpu Titanium Industry, and Ananda raised the sales price of titanium dioxide again, and the three companies kept the same price increase in this round: the domestic price increased by 1,000 yuan per ton.
All types of international customers are raised by 50 US dollars / ton

Regarding the reasons for the price increase, CNNC Titanium Dioxide and Jinpu Titanium Industry said that the price increase was decided "based on the recent titanium dioxide market conditions and rising raw material prices"

It can be seen that the rising cost of raw materials and the strong downstream demand have jointly promoted the price of titanium dioxide to rise again

In fact, "monthly rise" has become a "routine" job for the titanium dioxide industry this year

"The strong downstream demand has made the supply side continue to be tight, and the superimposed raw material prices have risen at the same time, resulting in five rounds of increases during the year

The popularity of the industry can also be seen from the production and operation of related companies

"Upstream raw materials are rising, and downstream supply is in short supply.
The company is currently producing at full capacity and has sufficient orders

It is not difficult to see that the subsequent price increase of titanium dioxide is a high probability event

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