Two more companies have raised the price of titanium dioxide

Published: Mar 9, 2022 19:00

Source: SMM

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Following the release of the price increase letter by the four international titanium dioxide giants Pan Neng Tuo, Konos, Komo and Tano at the end of last month, two domestic titanium dioxide enterprises Longbai Group and China Nuclear Titanium dioxide also announced that the sales price of titanium dioxide would be raised. On the basis of the original price, the sales price of each type of titanium dioxide is increased by 1000 yuan / ton to all kinds of domestic customers and US $150 / ton to all kinds of international customers. It also shows that as the impact of this proposal on sales volume is still uncertain, the duration of new sales prices is also uncertain, and there is a risk that product prices will continue to fluctuate.

Following the price increase letter issued by the four international giants of titanium dioxide at the end of last month, on March 9, two domestic titanium dioxide enterprises, Longbai Group and China Nuclear Titanium dioxide, also announced an increase in the sales price of titanium dioxide. Both companies said that from now on, the sales prices of the company's various models of titanium dioxide have increased by 1000 yuan / ton to all kinds of domestic customers and US $150 / ton to all kinds of international customers on the basis of the original price. It also shows that as the impact of this proposal on sales volume is still uncertain, the duration of new sales prices is also uncertain, and there is a risk that product prices will continue to fluctuate. The price adjustment of titanium dioxide is determined by the market demand of titanium dioxide, the rising price of raw materials and other factors. On the one hand, the increase in raw materials and freight costs put pressure on enterprises, which pass on the increasing costs by raising the price of titanium dioxide. On the other hand, market demand drives up prices.

Titanium dioxide

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