Europe Q3 TiO2 contract prices roll over on balanced market

12 July 2013 23:59  [Source: ICIS news]

LONDON (ICIS)--European third-quarter titanium dioxide (TiO2) prices have rolled over because supply is balanced and demand is low, sources said on Friday. 

The third quarter TiO2 price is at €2.35-2.50/kg ($3.10-3.30/kg) FD (free delivered) NWE (northwest Europe).

Producers were aiming to increase prices by as much as €0.20/kg earlier in the second quarter but this was met with a lot of resistance from buyers who argued that consumption rates are still relatively low and the peak season has not occurred this year. 

($1 = €0.76)

Follow Janos Gal on Twitter @janosgalICIS

By: Janos Gal
+44 208 652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly