Firm demand to boost China's Ti dioxide prices

摘要

Chinese titanium dioxide prices are expected by market participants to move higher in the short term because of firmer demand from international consumers, following output cuts by producers outside of China during the sustained Covid-19 pandemic. Argus last assessed the range for 98pc anatase grade dioxide at 13,500-14,500 yuan/t ($2,087-2,242/t) ex-works yesterday, the highest level since 13 November 2018. Prices for 93pc rutile grade dioxide rose to Yn16,000-17,500/t ex-works yesterday from Yn15,800-16,800/t on 7 January, the highest since 16 October 2018 when Argus launched this assessment.